Just because a stock has lost 70% of its value doesn't mean it can't lose 70% more.
this post was submitted on 15 Jul 2026
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Jokes on you because it never had any real value to begin with
While I detest Elon, the company definitely has some value. They’re still the global launch leader at this time. That said, their valuation based on promises of AI and asteroid mining is complete nonsense.
Displaying tit can lose 70% again.
Let's strive for 100%. Normally I find 70% a totally acceptable percentage, but when it comes to loss of value of anything fElon owns I think 100% loss would be the more favorable outcome. Or even better, let it be 120%, I'd love to see that loser to be in debt the rest of his miserable life.
Fingers crossed!
Keep going; there’s a lot to lose before it’s a realistic value.
Pump, then dump
Pump, then dump
Pump, then dump
Pump, then dump
Pump, then dump
Pump, then dump
The floor for this stock is under $30.
The standard window is 180 days (about six months). What makes SpaceX unusual is that its lockup, as described in the company's S-1 filing, releases shares in stages rather than all at once, so portions of employee stock are expected to become sellable at several points during that six-month period rather than only at the very end.
...
- After the first quarterly earnings release as a public company (the quarter ending June 30, with the report expected sometime between mid-July and September), up to 20% of eligible locked-up shares become sellable.
- A performance-based early release of up to an additional 10% can unlock if the Class A shares trade at least 30% above the IPO price on at least five of ten consecutive trading days before that first earnings release.
- Five time-based tranches of up to 7% each release at 70, 90, 105, 120, and 135 days after the IPO (about 35% in total across those dates).
- After the second quarterly earnings release (the quarter ending September 30, expected between mid-October and December), up to an additional 28% becomes eligible.
- At the 180-day mark (around mid-December for a mid-June IPO), any remaining restrictions lift. https://www.axonwm.com/post/when-can-spacex-employees-sell-shares-after-ipo
Musk has been compensating his employees with stocks instead of salaries for 20 years. Some of those older employees were "paid in" at $3-4 after splits while employee's as recent as 2024 would be holding shares @ ~ $30.
I'm going to assume the current downward pressure is people anticipating this late-july deadline allowing SPCX employees to sell off the first 20% of their stocks.
This was me in my twenties.
So you're claiming not to be full of shit anymore...?
🤔
It's pretty common for stock to drop after IPO. This is just a bigger drop than usual.
I'm glad S&P didn't give in to SpaceX's demand to add them to the S&P 500.
Hmmm, sounds like it's almost time to go on Amazon and sell some "I bought SPCX before I knew Elon was crazy" bumper stickers.
From good ol’ Liberal Fig Leaves, LLC
Now add Tesla to spaceX so they all can go down.
Thus proving again that these numbers have little meaning.
Yeah. I'm a millionnaire everytime I play the slot machine, at least while it runs.
Yes and no. Lets not forget that 800B came from working class retail investors. Which while they maybe be insufferable idiots they still have more in common with us than the billionaire fucks using retail investors as exit liquidity.
I think that's low enough to demote Musk from trillionaire back down to just obscenely wealthy.
That's actually old news, of which I was surprised. I went looking yesterday :)
https://finance.yahoo.com/markets/stocks/articles/elon-musk-loses-trillionaire-status-233940906.html
Now that both China and Japan have recently demonstrated having reusable rockets, SpaceX's cash cow has lost its luster.