SpaceX Investors Are Losing a Colossal Amount of Money

Tuesday, June 23, 2026

Shares have been trailing since late Tuesday, wiping out almost all of the gains of the average investor who bought shares after the IPO, as CNBC reported on Thursday.

Posted by qcp at 09:30 AM | 14 COMMENTS | permalink | Comment on This Entry |

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Damnit, I knew I should've shorted SPCX ...

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-- Kevin M. Gill (@kevinmgill.bsky.social) 5:08 PM Â· Jun 22, 2026

Comments

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When you put the barrel inside of your mouth..

Empty bank day is coming.

#1 | Posted by redlightrobot at 2026-06-22 02:44 PM | Reply

#2 | Posted by C0RI0LANUS at 2026-06-22 03:02 PM | Reply | Newsworthy 1

No. F*&^ing. S*&^.

Was there anyone who didn't think this was actually going to happen?

#3 | Posted by jpw at 2026-06-22 04:47 PM | Reply

SPCX is down more than 16% in today's trading alone.

#4 | Posted by LampLighter at 2026-06-22 09:34 PM | Reply

IPO's are always rigged to benefit the insiders of the companies and wall street.

It happens every time.

There was even warnings this time that SpaceX was over valued by as much as 60%.

#5 | Posted by Nixon at 2026-06-23 08:45 AM | Reply

Suckers and, uh, losers

#6 | Posted by LegallyYourDead at 2026-06-23 10:13 AM | Reply

Right now it's down... 2.51% since the offering. $-4.

This is horrible. It's the end of times. Lets summon all of our compassion for retail investors on a get rich quick idea.

#7 | Posted by sitzkrieg at 2026-06-23 10:17 AM | Reply

"IPO's are always rigged to benefit the insiders of the companies and wall street."

Yep.

I liken it to six-man poker, with the other five folks in one room showing each other their hands.

#8 | Posted by Danforth at 2026-06-23 10:21 AM | Reply

#9 | Posted by qcp at 2026-06-23 10:21 AM | Reply

I have faith in fElon's ability to ransack the Treasury to make up any losses.

#10 | Posted by morris at 2026-06-23 10:28 AM | Reply

I liken it to six-man poker, with the other five folks in one room showing each other their hands.
#8 | Posted by Danforth

It's also a cash game where you're you, and the other players are Vanguard, Geode, TRP, State Street.

They can put you all in, and if you somehow manage to call them off with a winning hand, their tiny losses won't even be a blip on the quarterly business report.

#11 | Posted by snoofy at 2026-06-23 11:18 AM | Reply

I liken it to six-man poker, with the other five folks in one room showing each other their hands.
#8 | Posted by Danforth

Yup.

If you are wondering who the patsy in that game of poker is then it's you.

#12 | Posted by donnerboy at 2026-06-23 12:20 PM | Reply

Elmo is just trying to get to mars so he doesn't have to pay any taxes in America.

#13 | Posted by donnerboy at 2026-06-23 12:27 PM | Reply

Musk's companies are all priced based on wishy-hopey promises of what's to come, not on any realistic measures.

#14 | Posted by AMERICANUNITY at 2026-06-23 12:31 PM | Reply