First round of insider shareholders haven’t legally been allowed to even liquidate yet. This will be a bloodbath.
this post was submitted on 21 Jul 2026
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Gonna go grab my rubber ducky.
do we know when that's gonna happen? i heard they used some loopholes to allow insider holders to sell early.
It's more a question what'll happen to the other AI companies. Investors have now seen the first of the big ones tank. They'll wonder if the same will happen with OpenAI, Antrophic and other AI adjacent like Microsoft, Nvidia. For a bunch of companies living of venture capital, that's deadly.
I thought SpaceX made space rockets?
After the merger with xAI, that's about 22% of their business. The rest is AI. The brochure will tell you about reaching for the stars and living on Mars, but the main product is actually Grok.
Which just goes to show you how bullshit the profit margins are on space travel when they gotta turn the business into a chat bot to be "profitable"
I mean the only part of SpaceX making money is the space part, starlink
That's the part making revenue, we're unsure if it's making a profit.
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For the IPO I think only 7% of the value of the company was for their space related activities (what they are actually doing). 93% of the value was for the non existent AI activities.
SpaceX is now a public company valued for its AI potential, so what comes next?
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Musk announced on social media that “Grok for Excel is live,” referencing the platform’s conversational AI tool.
Hahahahaha wtf is this shit?
No, you don't get it, Musk has a plan.
- Step 1: It fails utterly and completely.
- Step 2: Musk goes on Twitter/X, and says, "Had to add more math to training data."
- Step 3: CSAM and MechaHitler for some reason.
- Step 4: Musk demands to speak to Grok's manager.
After that, it's basically a straight line to success.
Sounds like a great plan. I’ll get my popcorn. 🍿
Tankin the economy with one easy trick!
Never thought I'd need to specify a vlookup needs to be 18+ only
It can go lower!
To shreds you say?
And how's his fifteenth incubator?
To shreds you say?
not low enough
Its barely got history on the stock market so its hardly a 'record low'. Just say the price has dipped and leave it at that.
But how will we know if it’s SLAMMED or DESTROYED if they don’t say it?
If it’s the lowest it’s been to date, it’s literally a record low. Calling it that is accurate and usefully descriptive.
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Yeah, but that doesn't make for good clickbait.
And most people who will click on this article don't have a fundamental understanding of the stock market, investing, or why this isn't really that big of a deal.
(Still, however, don't invest in SpaceX. The stock is structured so retail investors don't have meaningful voting rights.)
is it not a record low? what if it went up for the rest of its existence. would this point in time not be recorded as its historic low point?
Buttlicker, our price have never been lower!
Son you'll have to speak up I'm a bit hard of hearing
What an epic pump-n-dump.
I figured that would happen
Not tech, but good news nevertheless :D
Ha, eat shit Elon.
Exit liquidity, bunch of IPOs this year gonna fall the same pattern.
Still paychotic its even at $120.
Oh no! Anyway.
This is expected for a stock like this. What we’ll now be able to see in the next few months is where the real valuation stands.
Not sure Iif I understood it correctly, but consumer indices may already have bought overpriced shares
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For a good laugh have a stroll through the yahoo finance comments. It's bounced back up to 126ish now. The hooting noises are just...so funny to hear.
Hope somebody here shorted 1000 shares the day they hit $220.
There's been 3 or 4 IPOs now, where ive wanted to buy puts for 6m to 1y out when I see a peak like that, and im always afraid to pull the trigger.
In this case i saw it hit 220, and come back down to 200ish, and I said if it goes back to 220+ ill get a few.
It never went back up.
Maybe next IPO.
Do we have a wsb community?
I don't think we're good enough at shitposting... We're probably mostly theta-gang They said, I got a monthly put position in on spcx's fall, made my 40% and got out
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Lmao
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