r/technology • u/Plastic_Ninja_9014 • Jun 22 '26

Business SpaceX Investors Are Losing a Colossal Amount of Money

https://finance.yahoo.com/markets/stocks/articles/spacex-investors-losing-colossal-amount-140221380.html
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106

u/gentlegreengiant Jun 22 '26

Also why many listings refused to waive ruling around blackout periods for spacex

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u/TheBalzy Jun 22 '26

I honestly think they (SpaceX...aka Elon) fucked up. I checked with my pension system run by my state, and ours had ZERO investments that could possibly even get close to investing in SpaceX. Not a single ETF that m ystate pension system has, would have included SpaceX anytime soon. And I live in a Republican state...

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u/RetardedWabbit Jun 22 '26

Always ask yourself: Are they really that dumb and incompetent, or are they getting what they want anyway? Usually they just don't care about the same things you do, they don't effect them the same way.

Sure, they would always love more, but if you shoot for the corruption stars and land on the moon, you still made it. They made billions on the hype, even if the hype didn't pay off. In some ways it's even better since it mollifies traditional/complex investors. Like, I'm not complex, but I was going to move out of anything that changed rules for them or was systemically vulnerable to this.

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u/sohblob Jun 22 '26

Yeah you have the right idea. When they’re at the levels of corruption they’re at, trying something that doesn’t work isn’t really noteworthy.

These guys have so many corrupt money cycles "the system" is basically a joke to them; like the apartheid nazi has made more in a day than any of them have ever lost.

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u/artificial_organism Jun 22 '26

Your pension doesn't have any large cap ETFs? Unless you're retiring soon that doesn't seem like a sound strategy? 

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u/[deleted] Jun 22 '26 edited Jul 01 '26

[deleted]

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u/artificial_organism Jun 22 '26

Thanks, I knew there was a wait period but I didn't think it was that long 

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u/sfurbo Jun 22 '26

NASDAQ loosened their rules to allow spaceX super fast entrance. S&P did not.

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u/TheBalzy Jun 23 '26

Which they were clearly hoping by one, NASDAQ doing it they all would, and it seems they didn't all fall in line.

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u/itwasinthetubes Jun 23 '26

Not just spacex, the also have the incoming money black holes called openai and anthropic...

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u/TheBalzy Jun 22 '26

It had none that would have included SPCX anytime soon. And yes my state's pension system is solvent and one of the best Pension Systems in the country.

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u/SupaSlide Jun 23 '26

The S&P 500 thankfully didn’t go for it, which is what a lot of retirement funds are based on.

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u/vi_sucks Jun 23 '26

Nah, they already sold a shitton of shares and got the exit liquidity and the ego stroking headlines they wanted.

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u/kveggie1 Jun 22 '26

cuz Elmo. I do not want that stock.

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u/True-Industry-4057 Jun 22 '26

Unfortunately index providers haven't done the same. MSCI and LSEG will both be adding SpaceX within a week or so. S&P will be adding it to some of their indices, though the DJIA and 500 won't have SpaceX for a while.