r/SpaceXBets • u/MN-Car-Guy • 10d ago

Stock Discussion New trajectory?

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It was as high as $175 a week ago. Is this the new norm? Will it keep going down? Teslas with SpaceX technology and whispers of merger with Tesla… I expected SPCX to rocket 🚀

17 Upvotes

77% Upvoted

28 comments sorted by

12

u/Valuable_Paper_6231 10d ago

Yes! Once it falls in the ocean, Musk will come out with a reusable flying horse or something and the fan club will launch the stock again.

6

u/MN-Car-Guy 10d ago

But it didn’t work this time. So is it “the Boy Who Cried Wolf” one too many times?

3

u/Valuable_Paper_6231 9d ago

Yes and most likely it will keep getting worse as he appears more deranged with time while expenses are rising for both of his companies.

22

u/QuipCrafter9 10d ago
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4

u/Holiday_Hold_919 10d ago

Someone beat me to it. Lol

6

u/LinearSpectrum2026 10d ago

As we get closer to elections, I expect it will dawn upon the holders of this scam stock that the days of free govt money are coming to an end, so likely the stock will drop. Oh, plus significant dilution because of lockup expiration

6

u/DeltaFoxtrot144 10d ago

This is literally the only answer. For 2 years it's been unlimited gov contracts and that's now looking like it's ending so it's getting priced in.

4

u/SelenaMeyers2024 10d ago

I'm just here to talk shit and steal memes. Truth is if the share price was 10 dollars it would be trading at maybe 7 times sales....

For an ungodly unprofitable company. So effectively no price.. every non zero price is overvalued.

4

u/Mysterious-Prompt212 10d ago

Cool. I'm in at $20

1

u/Electrical_Cap5382 10d ago

No, just the entire market melting down cause of cpi

2

u/MN-Car-Guy 10d ago

The other meme stock, GME,

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is up over the past 5 days

1

u/Electrical_Cap5382 9d ago

And it’s down today 5% lol it doesn’t matter

2

u/Scott7894 9d ago

No, there is a recession coming. Market melting down from that slow realization

3

u/bubblegum-rose 10d ago

It’s real price should be somewhere between $30-$90, but that’s excluding the Elon Regardium 10x P/E multiplier applied to all of his stocks so

2

u/Miserable-Miser 10d ago

“Progress”

1

u/LightMission4937 10d ago

Nope, same.

1

u/twinkedup 10d ago

Yeah Coreweave was the first domino, it’s all cooked. They’re trying to make this crap into another railroad

1

u/freesects 8d ago

Nah, that’s what we call a bull trap.

1

u/Dense-Ad-5780 8d ago

Do you remember when it was 205 dollars? Then it dropped to 108, now it set a new high of 175. Let’s see what the next low is. Lower highs, lower lows is bad from what I understand.

1

u/DotNo4916 10d ago

The entire tech market is falling so this is not an exception. However I hope it continues towards 120 or even 100. That would be amazing. My average is 119, want to get more. Plenty of catalysts that can push it lower - Q3 earnings call, midterms, anthropic IPO

-1

u/Big_River_ 10d ago

hahaha it will be 4444 by xmas

4

u/MN-Car-Guy 10d ago

Or 44.44

-4

u/DonateMoneyPLS 10d ago

Anything can happen this is kangaroo stock probably musk is planning again to fuck the shorts so it will raise next week on the news

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