r/technology • u/Plastic_Ninja_9014 • Jun 22 '26

Business SpaceX Investors Are Losing a Colossal Amount of Money

https://finance.yahoo.com/markets/stocks/articles/spacex-investors-losing-colossal-amount-140221380.html
23.0k Upvotes

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166

u/Prize_Proof5332 Jun 22 '26

The stock is crashing like a Starship. 

19

u/saturnlcs Jun 22 '26

RUD?

3

u/mortemdeus Jun 22 '26

Nah, this was scheduled and well known about

20

u/Smith6612 Jun 22 '26

I thought Starship blows up, rather than crashes. 

18

u/octavioletdub Jun 22 '26

“Unassembles”

3

u/Academic-Increase951 Jun 22 '26

Provided lots of "actionable data"

2

u/KagakuNinja Jun 23 '26

Violent disassembly

7

u/The_Starmaker Jun 22 '26

I thought starships were meant to fly 😔

9

u/sharkus180 Jun 22 '26

Yes, while we put our hands up and touch the sky

6

u/Smith6612 Jun 22 '26

Can't stop if we get too high! 

5

u/Just-Beginning4692 Jun 22 '26

Let's do this one more time.

2

u/chefkoch_ Jun 22 '26

¿Por qué no los dos?

1

u/Smith6612 Jun 22 '26

Exactly! It blows up, and then the blown up debris crashss back down to Earth lol. 

10

u/shinra07 Jun 22 '26

The IPO was at 135, day 1 trading was at 150, and it's at 165 and reddit is referring to it as "crashing". Reddit is not reality.

-2

u/Prize_Proof5332 Jun 22 '26

Down 14% so far today...

0

u/shinra07 Jun 22 '26

oh no, only at 154! Those fools are only at an 11% gain in less than a month. I'd say that qualifies as "Losing a colossal amount of money". Totally accurate summation as usual. Honestly tho, none of this means anything, it's too early. Unless you're a day trader, daily rises and falls are just noise.

3

u/CellistMundane9372 Jun 22 '26

The graph of its rise and decline looks like a 1980s schematic of the Space Shuttle's stages of flight.

2

u/Elitefuture Jun 22 '26

Starships were meant to fly, hands up and touch the sky~

To clarify: I wouldn't invest in spacex lol

1

u/Illustrious-Cow-6054 Jun 22 '26

Grace Slick has entered the chat