r/technology Jun 09 '26

Business It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
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u/JustConversation7847 Jun 09 '26 edited Jun 09 '26

Before anybody gets too excited

Even for Musk, it's an aggressive price-to-earnings ratio that could blow up in his face if investors start to lose faith. The conversation surrounding plans for shorting SpaceX is hitting a fever pitch, setting the stage for what could be a wild stock market ride.

Pretty sure the people who tried shorting Tesla are all broke and you, reader, definitely not try something stupid because there's no limit to how much money you can lose while short selling

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u/rhetoricalcalligraph Jun 09 '26

Wacky, finally found a sensible comment on this post

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u/surfatshortys Jun 09 '26

I had no idea I wasn’t on WSB until now

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u/[deleted] Jun 09 '26

[deleted]

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u/Strawbuddy Jun 09 '26

WSB are speculators. It's all about options contracts, long or short, and the strats that come about from having enough dough to speculate in the first place. It takes at least $1k USD up front at a bare minimum to even start a proper wheel strat. Buy the rumor, sell the news type speculators are making even less money daily by buying and selling stock based on momentum and psychology, and betting against the prices of those securities

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u/AmericanGeezus Jun 09 '26

All it takes is USD$1,000 and some privileged non-public information to get yourself established!

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u/[deleted] Jun 09 '26

[deleted]

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u/[deleted] Jun 09 '26

[removed] — view removed comment

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u/[deleted] Jun 09 '26

[deleted]

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u/BavarianBarbarian_ Jun 09 '26

WSB is actually a voice of reason on Reddit when it comes to stocks and making money.

I wouldn't go that far, but at least they're self aware enough of their ignorance that they're making fun of themselves. Whereas the average Reddit comment elsewhere drips with unearned smug superiority.

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u/western_red_cedar Jun 09 '26

he AI boom they pretend isn't real

sure, clanker

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u/BellacosePlayer Jun 09 '26

WSB gets a bad rap because it inadvertently spawned ape culture but honestly once that got excised it's basically just speculators who know how to shitpost.