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SpaceX Investors in Meltdown Over All the Money They’ve Lost
(finance.yahoo.com)
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this post was submitted on 25 Jul 2026
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To an extent, they weren't betting on the business, they were betting on the masses eating up the stock.
And they were at least initially right, and cashing out 2-4 days after the IPO certainly worked for and of them. Stock going down required some significant portion of them to take their winnings.
They were betting on the stupidity of the retail investor, not the fundamentals of the business.
Had this stock started being included in normal people's 401ks or pensions yet?
Some of my meager wealth is in that kind of place. And while I want nothing to do with SpaceX, I think it will be forced on me soon. I only get the choice of vanguard x, y or z.
That was my understanding of the long term scheme, and the goal of the various rule changes allowing this stock to be included in indexes early.