477
$154.60 is still massively inflated from what the actual value should be.
Which is somewhere near $20
Assuming they stop bleeding money.
Haha that's still to much. The value is based on XAI hype, and XAI is really next to worthless. They are doing everything after everybody else did it, and then they do it worse. It's so bad they have no customers, and instead sell their server capacity to other AI companies. And the value of that will diminish fast, as better and cheaper hardware is developed.
Just wait until the nesting shares expire. It will crater.
see virgin galactic chart lol
Wow that is only worth 3 ‰ of what it was 5 years ago. 🤣🤣🤣
Most of spacex is privately owned, there is much more demand than real supply of the stock so it's overvalued. As more former SpaceX employees current private investors and short term investors sell the price will slowly go down.
Keep tumbling. Then fold Tesla and all his stupid other companies into it and bankrupt it all.
Fuck musk and anyone that supports this filthy grifting pile of limp dicked shit that resembles a human being.
You missed the change to add the qualifier "Nazi" to that, so let me correct that real quick: Fuck Musk and anyone that supports that Nazi.
Lol, lmao even
Oh... who could've possibly seen that coming?!
It's almost as if the price was artificially pumped and the stocks are now being dumped in order to take advantage of the unscrupulous...
People bought a space stock and found out it was just so Elon could pay off the loans he took out to buy Twitter
I mean, wasn't this the plan all along? Makia bunch of theoretical money off the IPO and just fuck you if you were foolish enough to waste your money buying in?
The plan was to get retail investors (idiots) to pay loans and the original investors with cold hard cash.
Now the retail (idiots) investors own stock in a business that makes no money and is burning piles of money monthly.
No way man, they're gonna make space datacenters...
You know, the things famously resource intensive massive but in space. They can't lose.
Rug pull for the Elon buddies
lmao. literally everyone that explicitly bought this stock to ride the wave deserves this. everyone who’s 401k os tethered to this stock doesn’t.
There's 5 more days till the deadline for that
Oh no, how terrible for them.
I super duperydo hope the people that supported the Nazi trillionaire Elon Skum get their money back!!!
The overwhelming majority of individuals in the US with 401ks were forced to buy SpaceX stocks through target date funds, mutual funds, and indexes, because 8 different funds have >10% of their entire stock as SpaceX, and 4 of those have >20% of their stock as SpaceX. This was all a fucking grift and Americans who have done what they were supposed to by saving will pay the price. Fuck Elon Musk sideways, I will pop a bottle of champange when he dies and celebrate it as a yearly holiday.
Thank jeebus that the S&P decided to maintain sanity and not change their standards to allow them in the index early. Shame that target date funds bought into the hype.
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It's a GOOD thing Elon Musk didn't FORCE everyone in the US to INVEST their Retirement Savings into this TUMBLE!
Shoulda shorted it instead
Short selling has unlimited downside and the market can stay irrational longer than you can stay solvent.
Best use put options to get limited (in that the maximum you can lose is the money you invested, not a cent more) exposure to falling prices.
Who could have seen that coming?
I mean, Tesla has a ridiculous P/E ratio, but seems to make some money (even if propped up by government policy here to keep competitors at bay and so on). If you look up SpaceX P/E ratio, you will get a good lolz:
https://www.financecharts.com/stocks/SPCX/value/pe-ratio
The pe ratio for Space Exploration Technologies (SPCX) stock is -560.61 as of Thursday, June 18 2026. A negative value means this company has been losing money. The pe ratio is not a useful metric when the company is not profitable. The p/e ratio is calculated by taking the latest closing price and dividing it by the diluted eps for the past 12 months.
People are talking about SpaceX buying Tesla? Anyone reminded of AOL buying Time Warner?
Anyone reminded of AOL buying Time Warner?
I remember xAI merging with Twitter. Does that count?
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Put options have been printing nicely.
I mean really, why bother learning from history, it's not that deep bro.
https://finance.yahoo.com/markets/stocks/articles/spcx-etfs-index-funds-buy-050100941.html
The iShares Russell 1000 ETF (IWB) and Invesco QQQ Trust (QQQ) are expected to hold SPCX starting on June 29 and July 7, respectively.
Well, probably good news for people who own those index funds, since they won't ride SPCX down, at least to some extent. Their worst case scenario would have been the peak holding until they bought in.
Anyone know what the deal is with the media saying his stock is somehow tied to 401Ks?
There was some concern that it would very quickly get included in relevant indices due to its size. That would trigger a bunch of funds that are based on these indices to have to automatically buy their stock to keep matching the index. Those specific funds are often included in 401K plan.
Last I heard that got blocked by the relevant authorities requiring a company to actually be profitable as a prerequisite to being included in these indices.
Edit/PS:
S&P blocked them. Nasdaq and FTSE did not.
Edit2: If you are invested in any index funds and don't want Space X to be auto-included look into moving your money into a fund with Environmental, Social, and Governance (ESG) inclusion criteria. Governance at Space X is really bad. But you should be aware that does not remove exposure to Musks bullshit completely, because Tesla does pass the ESG checks.
Last I heard that got blocked by the relevant authorities requiring a company to actually be profitable as a prerequisite to being included in these indices.
I didn't see where it landed, either. Man, I sure hope it was rejected. It's losing money.
My understanding was that it would push SPCX into NASDAQ, skipping most of the process that is usually done, and that if your 401K had exposure to NASDAQ, then you'd be investing in SPCX....
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It used to be that new stocks with a high enough value had to wait several months to a year before they could be included into index funds (index funds are collections of stocks that try to mirror the performance of certain markets). Recent rule changes removed that waiting period so some (maybe even most, though not all) index funds bought SpaceX, automatically, within days of it coming on the market because that's just how they work. So if SpaceX tanks, many retirement plans will take a hit.
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That's OK people buying stock in a near worthless company should have expected this.
There’s a reason they say not to put all your eggs in one basket. space x, twitter and xai are a giant basket now. Add tesla in there and watch the popcorn futures.
Wow. I expected the hype to falter and the price to collapse, but even I didn't expect it to happen this quickly. I thought it would take another few months at least.
Yeah, as soon as Vanguard had to buy this shit it started crashing. It will probably go up by the time QQQ buys in.
Lol, I bought myself some puts and shorts on spacex
SpaceX is going to end up boosting my Rocketlab stocks to a solid $250 a share within the next 3 years. Then again, that was going to happen without Elons dipshit rugpull.
There were several viable space stocks to invest in, that aren't run by technofacist Nazi's who will demand a 500 billion a year paycheck. If you chose to invest heavily in spacex you're an incredibly hopeful person who's very liberal with your money. You're also assuming the EU and Ukraine have no ambitions to ever launch anything into orbit.
GSat, RKLB, ASTS and others to the rescue
I knew I should’ve fucking shorted it
Can you short an IPO? You're prohibited from selling for the first month or so, isn't it?
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Someone I know in private wealth management told me she was very busy last week trying to find wealthy people whose funds she manages who would be looking to participate with spacex. I wonder if lack of interest amongst the wealthy class is related to this drop since IPO.
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this post was submitted on 22 Jun 2026
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