this post was submitted on 25 Jul 2026
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Funny how every dip was supposed to be a once in a lifetime buying opportunity until people actually bought near the top. SpaceX is still an incredible company, but incredible companies can still be overpriced. Reality eventually sends the invoice, even when the CEO is treated like a prophet.
SpaceX was an incredible company... Until Musk rolled in other failing companies into it.
There's no focus on space anymore, it's an LLM company with a rocket hobby on the side.
And on top of that, it’s still saddled with XTwitter’s debts.
i saw someone buy SPAcex stocks on wsb, and they lost alot, they were comparing it to the IBM guy that lost alot , but i heard he bounced back and then some.