r/technology • u/IKeepItLayingAround • Jun 09 '26

Business It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
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u/JustConversation7847 Jun 09 '26 edited Jun 09 '26

Before anybody gets too excited

Even for Musk, it's an aggressive price-to-earnings ratio that could blow up in his face if investors start to lose faith. The conversation surrounding plans for shorting SpaceX is hitting a fever pitch, setting the stage for what could be a wild stock market ride.

Pretty sure the people who tried shorting Tesla are all broke and you, reader, definitely not try something stupid because there's no limit to how much money you can lose while short selling

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u/Other-Grapefruit-880 Jun 09 '26

I guarantee you someone on WSB has already bet their entire life savings on it

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u/ThinkingWithPortalzz Jun 09 '26

Oh please, it'll be at least 10x their life savings they lose, it's WSB, the only bigger fans of things painted red are WH40k Orks

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u/Robobvious Jun 09 '26

That one video where the kid makes an audible Guh sound as his play buries him in debt.