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First round of insider shareholders haven’t legally been allowed to even liquidate yet. This will be a bloodbath.
Gonna go grab my rubber ducky.
do we know when that's gonna happen? i heard they used some loopholes to allow insider holders to sell early.
It's more a question what'll happen to the other AI companies. Investors have now seen the first of the big ones tank. They'll wonder if the same will happen with OpenAI, Antrophic and other AI adjacent like Microsoft, Nvidia. For a bunch of companies living of venture capital, that's deadly.
I thought SpaceX made space rockets?
After the merger with xAI, that's about 22% of their business. The rest is AI. The brochure will tell you about reaching for the stars and living on Mars, but the main product is actually Grok.
Which just goes to show you how bullshit the profit margins are on space travel when they gotta turn the business into a chat bot to be "profitable"
I mean the only part of SpaceX making money is the space part, starlink
That's the part making revenue, we're unsure if it's making a profit.
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It had nothing to do with profit and everything to do with the tens of billions in debt that was coming due. The merger then ipo was just to dump that bill on the public.
It's even questionable to me if some of the space x investors will be able to get out above water... Some of those shares were sold at insanely high values then diluted. Fuck them all of course, but seems likely all this ipo achieves is another year or so of runway for the ponzi
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For the IPO I think only 7% of the value of the company was for their space related activities (what they are actually doing). 93% of the value was for the non existent AI activities.
SpaceX is now a public company valued for its AI potential, so what comes next?
don't give me hope
It can go lower!
To shreds you say?
And how's his fifteenth incubator?
To shreds you say?
not low enough
Its barely got history on the stock market so its hardly a 'record low'. Just say the price has dipped and leave it at that.
But how will we know if it’s SLAMMED or DESTROYED if they don’t say it?
If it’s the lowest it’s been to date, it’s literally a record low. Calling it that is accurate and usefully descriptive.
How is that 'useful'? If you had zero prior knowlege you'd be forgiven for thinking they had been trading for decades.
I don't think the price of space x shares matter at all to someone who didn't know it released recently. And if they decided they suddenly do care, they could just open the article and read it.
It’s useful because it’s literally true. The stock hit its all time low. That interesting if the stock is decades old, and it’s interesting if the stock is weeks old. Whatever a person imagines has no bearing on any of that.
is it not a record low? what if it went up for the rest of its existence. would this point in time not be recorded as its historic low point?
Yeah, but that doesn't make for good clickbait.
And most people who will click on this article don't have a fundamental understanding of the stock market, investing, or why this isn't really that big of a deal.
(Still, however, don't invest in SpaceX. The stock is structured so retail investors don't have meaningful voting rights.)
What an epic pump-n-dump.
I figured that would happen
Not tech, but good news nevertheless :D
Exit liquidity, bunch of IPOs this year gonna fall the same pattern.
Ha, eat shit Elon.
Oh no! Anyway.
One successful launch and it will be up to $350. The stock market is illegitimate.
Looks like there’s a starlink launch later today, and then a satellite resupply mission, both on Falcon 9s. Which is good because the falcon 9 is an incredibly reliable launch platform that should boost investor confidence.
And then on Thursday they’re gonna blow up another starship.
So we’ll see it tick up today and tomorrow, and then probably plummet again when investors see roughly $1,000,000,000 get turned into literal ash on livestream.
Who’s ready to watch the rollercoaster?
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Still paychotic its even at $120.
This is expected for a stock like this. What we’ll now be able to see in the next few months is where the real valuation stands.
Not sure Iif I understood it correctly, but consumer indices may already have bought overpriced shares
35 bucks more or less.
About tree-fiddy!
Hope somebody here shorted 1000 shares the day they hit $220.
There's been 3 or 4 IPOs now, where ive wanted to buy puts for 6m to 1y out when I see a peak like that, and im always afraid to pull the trigger.
In this case i saw it hit 220, and come back down to 200ish, and I said if it goes back to 220+ ill get a few.
It never went back up.
Maybe next IPO.
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I would never.
The market can be irrational far longer than I can afford.
For a good laugh have a stroll through the yahoo finance comments. It's bounced back up to 126ish now. The hooting noises are just...so funny to hear.
Lmao
So at what point should we start slowly pulling money out of banks for the inevitable collapse
It probably won't matter as much, your best bet is to put it into useful assets while the money still has spending power.
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To nobody's surprise
There's a fucking surprise.
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this post was submitted on 21 Jul 2026
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