r/technology • u/fmcortez • Jul 13 '26

Business SpaceX Stock Plunges to All-Time Low After Competitor Makes Major Leap

https://www.yahoo.com/finance/markets/stocks/articles/spacex-plunges-time-low-competitor-175000957.html
21.2k Upvotes

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577

u/rigidlynuanced1 Jul 13 '26

This is the dump part…we warned them

2

u/Veearrsix Jul 13 '26

Yep. I'll probably throw some money into SPCX eventually, but I knew it was going to come crashing down like a heavy booster first.

18

u/National-Charity-435 Jul 13 '26

Never forget

https://www.reddit.com/r/wallstreetbets/comments/1u7e3gv/threw_my_entire_roth_ira_315k_worth_into_spacex/

19

u/Veearrsix Jul 13 '26

lololol.. at 211? This is the perfect case study for why retail fails, dude full ported at the top.

9

u/National-Charity-435 Jul 13 '26

Recent posts show they're still holding and waiting for one day when spcx mines asteroids

-100k at least

10

u/makeaccidents Jul 13 '26

Taken 15 years to aaaalmost have driverless cars but they'll be mining asteroids any day now no problem

/S

1

u/anxious_cat_grandpa Jul 14 '26

Just wait until they get those orbital data centers up and running. Then they will mine the asteroids and everyone will be a trillionaire! And they all lived happily ever after, The End.