SpaceX Investors Are Losing a Colossal Amount of Money

[SamuelTheThird]

It dropped more after this was written

https://finance.yahoo.com/markets/stocks/articles/spacex-investors-losing-colossal-amount-140221380.html

Even at an unprecedented valuation of almost $2 trillion, shares shot into space like precious cargo atop a Falcon 9 rocket, soaring from an opening price of $151 to an all-time high days later of over $225 early Tuesday.

But by mid-week, that initial enthusiasm was met with a brutal reality check. 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.

And anyone who bought close to the stock's peak earlier in the week has seen their investments go up in smoke, in a bruising rejoinder to all of that pent-up hype.

and LOL@what too much ketamine can do to you
https://fortune.com/2026/06/22/elon-musk-billion-shares-spacex-settle-million-humans-mars-colony/

The SpaceX board will grant CEO and founder Elon Musk 1 billion restricted shares of Class B common stock on one condition: he has to hit 15 market capitalization milestones up to $7.5 trillion and establish a “permanent human colony on Mars with at least 1 million inhabitants.”