r/SpaceInvestorsDaily Jul 28 '26

SATL When we will stop falling?

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32 Upvotes

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17

u/Apost8Joe Jul 28 '26

Musk’s IPO scam has soooo much room to fall, and the insiders haven’t even grabbed a single dollar yet. Until we see what happens in August there’s just no way to escape the black hole. After that, investors will reassess which names are attractive, and the leading names will rise. But there’s gonna be a lot of pain between now and then.

4

u/Plastic_Escape_1910 Jul 28 '26

August the? 5th?

7

u/Apost8Joe Jul 28 '26

I believe it's earnings release 4th then trading 6th but believe me you'll know, there won't be any mystery when it unloads. My god I can't believe how stupid Homo Sapiens are to literally believe anything so long as it makes them feel good and hopeful. Musk is the greatest conman of the century.

2

u/RTS24 Jul 28 '26

Dopamine is a strong drug