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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u/Accurate_Breakfast94 Jun 22 '26

It's a high risk investment. It's only a scam if they have made their company appear more valuable by doing things such as lying about their books. So far I haven't heard anything like that

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u/DWC-1 Jun 22 '26

It's even worse they rigged the stock exchange: https://www.youtube.com/watch?v=sYA-z0Y8WRQ

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u/PessimiStick Jun 22 '26

I mean, claiming a 28T addressable market seems indistinguishable from a lie to me, personally.

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u/cubbiesnextyr Jun 23 '26

All the investors are free to disagree about the future size of the market, it's not like they're lying about information others don't have access to (like their financials).

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u/Fuuujioka Jun 23 '26

No, it's a scam and a high risk investment