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SpaceX stock drops to a new low and loses $1 trillion in value in a month
(www.businessinsider.com)
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this post was submitted on 18 Jul 2026
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Fully unironically know a few folks who did exactly that. Got in at $135 and sold on the way up to $200, because it's insane to hold a company with a P/E of... 1000x? Something stupid like that.
We know what firms like Thiel's Founder's Fund and Andressen Horowitz paid for minority positions during the earlier funding rounds (Series A -J and assorted debt swaps). And we also know what a few of the outsider funds - EchoStar, for instance - paid for advanced shares shortly before the public offering. There were definitely some deals that were worse than others (the July 2025 Tender at $212/share was EchoStar, the December 2025 Tender at $421/share was to the company's own employees as well as some other earlier investors).
Even then, the volume of shares sold was miniscule compared to shares outstanding.