All those investors are fucked. Space X will be just about the last guys to get anything off the table before the incoming implosion in these markets.
9ersaur on
Data Centers in Space will go down as one of the great scams of all time
mediocre_remnants on
If it drops another 98% it might be worth buying in!
KcjAries78 on
You mean it was a pump and dump just like we all thought. Amazing.
GlueGuns--Cool on
this is a shitload of retail investors getting fleeced btw. it’s literally rich people taking money from naive people.
crazystein03 on
Time to celebrate! Let’s hope for more good news in the following weeks!
rxsteel on
And a generation of bagholders is born.
Funny to think that this IPO reached so far, there are probably a lot of people where their first experience in stocks is this.
thesweeterpeter on
Anyone who understood the tech thought this was a dud.
Anyone who understood the market thought this was a dud.
Anyone who understood IPOs thought this was a dud.
Who bought this stock?
kJer on
how people are duped into believing his space promises while he hasn’t followed through with his earth promises
jonmitz on
its not even close to the first 20% lockout period (august) LOL
InTooManyWays on
Maybe the greatest scam of 2026 until he spins off another vaporware business to bind to peoples 401ks. Whatever his next con trick is I’m sure it’ll come at the cost of social security.
Qubed on
All I want is for the market to price it appropriately. That would happen if there wasn’t an obvious attempt to work the system and steal money from retail investors.
I’m all for letting people gamble on this. I just think you should leave passive investors out of it.
Desperate-Hearing-55 on
The rich people are laughing at the poor retailers pumping the price up for them.
sokos on
Still up from what it opened at..
Jchapman1971 on
I mean, if folks didn’t see this coming, well they’re fucking idiots. I don’t trade and wouldn’t even consider it with what we have in the White House right now.
schacks on
Its a stock that shouldn’t even exist to begin with. That whole IPO was part Sci-fi and part grift.
nznordi on
How is it even legal to float so little? Any small change makes a massive change on the worth of the remaining 95% , heck, he could borrow against the stock he owns and move the market… this is insane or do I miss anything 🙂
Jorycle on
This is pretty typical of stocks. I know this kind of article is just about feeding the regular Joe’s need to know whether SpaceX’s launch is a failure, but it’s really not a thing we can know for *months*. We’re like 5 trading days into the IPO, that’s barely a blip in the trading world.
duxpdx on
Still overvalued by like 90%
Digitalion_ on
There’s that well telegraphed rug pull! Musk needed the masses to offset his Twitter debt and y’all took the bait.
LudeSloth on
Fuckin AI was able to tell me that would happen before they even went public. Let em burn!
Cute_Bandicoot_8219 on
This is the „dump“ phase of „pump and dump.“
Life-Ship3628 on
Don’t worry I’m sure Elon and is closest friends will still make enough money to still not have to pay taxes
Prudent_Link6029 on
It may look like the stock is crashing, but it’s actually landing autonomously, which is a massive engineering achievement
CreativeFedora on
SpaceX was in a great position as a private company. It could afford to have rockets explode with little recourse or scrutiny. On the other hand, NASA, as a federal entity, could never afford to let rockets explode. There would be hearings, echos of wasting money, etc.
It’ll be interesting to see how the stock reacts when rockets explode during testing. There’s shareholders that need to get their bag and rockets exploding is money burning up.
siobhanellis on
Another Musk scam
Spam_Hand on
So basically large investors got in esrly, rode the hype train, then sold off and left retail investors holding the bag?
**You mean EXACTLY what everyone expected and called out for like 8 weeks before the IPO?**
1SittingOut on
I find it super strange that spacex which is subsidized by the US govt can be on the stock market
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All those investors are fucked. Space X will be just about the last guys to get anything off the table before the incoming implosion in these markets.
Data Centers in Space will go down as one of the great scams of all time
If it drops another 98% it might be worth buying in!
You mean it was a pump and dump just like we all thought. Amazing.
this is a shitload of retail investors getting fleeced btw. it’s literally rich people taking money from naive people.
Time to celebrate! Let’s hope for more good news in the following weeks!
And a generation of bagholders is born.
Funny to think that this IPO reached so far, there are probably a lot of people where their first experience in stocks is this.
Anyone who understood the tech thought this was a dud.
Anyone who understood the market thought this was a dud.
Anyone who understood IPOs thought this was a dud.
Who bought this stock?
how people are duped into believing his space promises while he hasn’t followed through with his earth promises
its not even close to the first 20% lockout period (august) LOL
Maybe the greatest scam of 2026 until he spins off another vaporware business to bind to peoples 401ks. Whatever his next con trick is I’m sure it’ll come at the cost of social security.
All I want is for the market to price it appropriately. That would happen if there wasn’t an obvious attempt to work the system and steal money from retail investors.
I’m all for letting people gamble on this. I just think you should leave passive investors out of it.
The rich people are laughing at the poor retailers pumping the price up for them.
Still up from what it opened at..
I mean, if folks didn’t see this coming, well they’re fucking idiots. I don’t trade and wouldn’t even consider it with what we have in the White House right now.
Its a stock that shouldn’t even exist to begin with. That whole IPO was part Sci-fi and part grift.
How is it even legal to float so little? Any small change makes a massive change on the worth of the remaining 95% , heck, he could borrow against the stock he owns and move the market… this is insane or do I miss anything 🙂
This is pretty typical of stocks. I know this kind of article is just about feeding the regular Joe’s need to know whether SpaceX’s launch is a failure, but it’s really not a thing we can know for *months*. We’re like 5 trading days into the IPO, that’s barely a blip in the trading world.
Still overvalued by like 90%
There’s that well telegraphed rug pull! Musk needed the masses to offset his Twitter debt and y’all took the bait.
Fuckin AI was able to tell me that would happen before they even went public. Let em burn!
This is the „dump“ phase of „pump and dump.“
Don’t worry I’m sure Elon and is closest friends will still make enough money to still not have to pay taxes
It may look like the stock is crashing, but it’s actually landing autonomously, which is a massive engineering achievement
SpaceX was in a great position as a private company. It could afford to have rockets explode with little recourse or scrutiny. On the other hand, NASA, as a federal entity, could never afford to let rockets explode. There would be hearings, echos of wasting money, etc.
It’ll be interesting to see how the stock reacts when rockets explode during testing. There’s shareholders that need to get their bag and rockets exploding is money burning up.
Another Musk scam
So basically large investors got in esrly, rode the hype train, then sold off and left retail investors holding the bag?
**You mean EXACTLY what everyone expected and called out for like 8 weeks before the IPO?**
I find it super strange that spacex which is subsidized by the US govt can be on the stock market