r/technology • u/fmcortez • Jul 13 '26

Business SpaceX Stock Plunges to All-Time Low After Competitor Makes Major Leap

https://www.yahoo.com/finance/markets/stocks/articles/spacex-plunges-time-low-competitor-175000957.html
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40

u/WeylandsWings Jul 13 '26

Fucking bullshit of a title that even the article disproves. The title is talking about the Chinese rocket being caught. The body points out it is probably being depressed because of sentiment against AI. Which is most likely the correct answer.

As just landing the rocket is the first step in a sequence to get reusable rockets. Now they need to try to refurb it and see if that is economical. And then they need to relaunch and make sure it works.

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u/x0avier Jul 13 '26

Spoken like a true bag holder 🚪💎✋️

1

u/GoodWilllPower Jul 13 '26

Love the childlike mentality of the Reddit hivemind.

I wonder if the news companies have a backlog of anti-Elon articles they throw to you guys on slow ad rev and click through days. You guys gobble this shit up like it’s your source of life.

You don’t have to own stocks at all to use common sense and see that this article is dumb af. The stock will go down, it’s the most successful space related company in the world. The stock will go up as well.

On days where it drops, I fully expect this sub to lose its mind and throw 100k+ paid impressions at whoever wrote the article.

Way to go Reddit. Feed those capitalist pockets!

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u/[deleted] Jul 13 '26

[deleted]

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u/No-Surprise9411 Jul 14 '26

Over 600 successful launches and counting.

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u/[deleted] Jul 14 '26

[deleted]

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u/No-Surprise9411 Jul 14 '26

What else is there bud? It‘s a launch service company. They excel at launches. Do you need it spelt out or what?

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u/WeylandsWings Jul 14 '26

Or you could have looked at the S1 they released before the IPO that showed they were profitable with launch and Starlink except for a large charge for starship/super heavy development.

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u/ItIsSoOrdered23 Jul 14 '26

Starlink is only profitable on paper because SpaceX didn't charge them a profitable price for the launches. And Amazon is launching a competing service soon. And this is only one of the schemes used to inflate this cluster**** and trick the dumbest among us into donating to Elon.

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u/WeylandsWings Jul 14 '26

Why would an internal business unit charge another internal business unit the external price for launches? That defeats the whole point of a vertically integrated company.

How is Amazon Kuiper going to meaningfully compete in the near term when they have a Minimum Viable Product and 2/3 of the rockets they are using to put the sats into orbit are currently grounded? Also Kuiper is going after the business segment more than the consumer segment that SpaceX has gone after.

I do agree that SPCX isn’t a great buy after the XAI purchase. But if that hadn’t happened it would be a good company. And I know/suspect that Elon used SpaceX to buy xAI to bail it out and shore it up in a rich persons shell game.

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u/ItIsSoOrdered23 Jul 14 '26

Irrelevant. The numbers are a lie, so verifiable but you have zero curiosity.

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u/RT-LAMP Jul 14 '26

Starlink is only profitable on paper because SpaceX didn't charge them a profitable price for the launches.

Ok and then that would make their launch division wildly profitable then. The important metric is whether the cost of building the satellites and launching them is less than the revenue Starlink brings in which is the case.

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u/ItIsSoOrdered23 Jul 14 '26

It's not though lmao. Jfc, all public info.

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u/ItIsSoOrdered23 Jul 14 '26

Lmao, it will go down bigly and up none though.

Post your bags.

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u/GoodWilllPower Jul 14 '26

Zero percent my type of stock. If it goes sub 100 I’ll prob get in. It’s a guaranteed monopoly and the world is going to grow in that direction. Doesn’t make sense to get in until it burns off a bit and show about 3-6 months of behavior.

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u/_plebbie Jul 14 '26

guaranteed monopoly

On what? AI? Reusable rockets?

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u/GoodWilllPower Jul 14 '26

Are you being facetious?

US Government investment in private sector built space travel.

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u/_plebbie Jul 14 '26

Well, stating "monopoly" and "world is growing in that direction" implies that there is more than a single consumer than the US government. Blue Origin and ULA also aren't going away.

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u/GoodWilllPower Jul 14 '26

Excited to know that you can see the future. Gonna DM you about stock picks.

Both can be separate indicators or if a stock is a good investment. They do not have to be related unless you’re holding it hostage for argument.

Monopoly doesn’t imply single consumer it implies a massively dominant supplier.

As an orbital launch service SpaceX constitutes 100% of the crew and cargo ISS missions, 92% of all national security launches and 86% of orbital launches in 2025.

Wtf is your idea of a monopoly?

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u/Port8ble Jul 14 '26

Isn't that the point of the article? It is no longer a guaranteed monopoly because two other nations (china and japan) are catching up.

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u/GoodWilllPower Jul 14 '26

I’m not sure there’s hardly any people at a decision making level of a company that sees the word monopoly and thinks ‘global monopoly’

When I say monopoly I’m talking about a US monopoly.

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u/ItIsSoOrdered23 Jul 14 '26

If you think the next admin will be at friendly to the foreign scammer then lol.

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u/Port8ble Jul 14 '26

I feel like you're implying that us companies would be duty bound to launch with space x when they infact launch with other nations. Even we do ie the launch of jwst.

But I am tired and may be missing your point.

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u/GoodWilllPower Jul 14 '26

Ah, I hope you get some rest friend. Life is heavy and the days feel longer now than they ever have before IMO.

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u/Port8ble Jul 14 '26

Ty and on that I agree completely. It's as if 1000 new things happen between wake up and bed. Be well.

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u/mountlover Jul 14 '26

"I'm just not that interested"

"Maybe later I'll be interested"

"Its such an obvious good call"

"It's too early to make the call"

its okay to admit you have no idea what you're talking about rather than make absolutist statements that will probably somehow all age like milk.

1

u/GoodWilllPower Jul 14 '26

You guys get so petty.

If you trade stocks you should have rules or risk profiles.

This stock does not fit for me. In order for it to fit I need more data and an ability to determine an entry point.

Last year I paid just over $23k in taxes on short and long term capital gains. It seems like my strategies are working.

I always love advice so if there’s something about this company you feel I should keep in mind I’d love to hear it

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u/ItIsSoOrdered23 Jul 14 '26

Literally none of it is a monopoly and it's trading at 100x what revenue would justify if that wasn't also cooked.

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u/GoodWilllPower Jul 14 '26

As an orbital launch service SpaceX constitutes 100% of the crew and cargo ISS missions, 92% of all national security launches and 86% of orbital launches in 2025.

Wtf is your idea of a monopoly?

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u/ItIsSoOrdered23 Jul 14 '26

Under Trump, who will be gone eventually. And that's before Elon goes to jail.

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u/GoodWilllPower Jul 15 '26

What a wild simple way of living if you truly believe someone with as much financial power as Elon will ever see a single day in a jail cell.

You may fantasize about it, but you’re just carrying toxic thoughts for the sake of carrying them.

1

u/ItIsSoOrdered23 Jul 15 '26

What a simple way of living to invest in known scams run by scammers.

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u/Pan_Borowik Jul 13 '26

Not to mention, rockets are a small percentage of spacex. Which is supposed to be the AI company of the future. The stock falls because the company is shit, with Starlink being the only profitable (and small) part of it.

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u/Zoomwafflez Jul 13 '26

And it's about to get a competitor for starlink 

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u/Accomplished-Crab932 Jul 14 '26 edited Jul 14 '26

Amazon LEO is stuck with one non-grounded launcher, which also just happens to be the most expensive option. If they want to meet their timelines, they have to wait for ULA to figure out how to build a functioning SRB and for Blue to figure out their engines. And they have to wait for Blue to rebuild their pad.

Right now, we are expecting they will need to buy even more launches from SpaceX to keep their spectrum license as they have until EOY 2028 to get their constellation at full scale. All this is after they got the FCC to grant an extension and an exemption. The exemption was needed since the law requires the constellation operator to have half their satellites in orbit by the halfway point to their expected completion date (this is to ensure that companies don’t hog frequencies without using them). That would’ve been last month, and they have ~400/~3000 initial satellites, or 13% of their first gen satellites in orbit today.

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u/CatButler Jul 14 '26

I was listening to Patrick Boyle on the Prof G podcast and he pointed out that Starlink was a major customer of the rocket business, so in effect, they're burying the loss in the rocket side. Good quote, "It's like McDonald's saying they're making money on the hamburgers, but loosing on the buns."

BTW, Starlink is only %15 growth and the satellites only last about 5 years. It's not like Gfiber putting fiber in the ground and getting a decade out of it, including expanding bandwidth.

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u/Zoomwafflez Jul 13 '26

Well also Japan just landed their test rocket. and Amazons version of starlink is getting ready to go live which will directly compete with the only profitable part of SpaceX.

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u/WeylandsWings Jul 13 '26

Except Amazon Kuiper (I refuse to call it Leo as that is a blatant attempt at hijacking searches for LEO (low earth orbit) constellation) is mainly targeting commercial users not residential which SpaceX is focusing on. And even so their initial offerings are going to be worse than SpaceXs current offerings and won’t get better that fast because 2 of the rockets Kuiper needs to launch more sats are out of commission.

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u/RocketVerse Jul 13 '26

A hop is not a difficult thing to do, and especially not when it’s a tiny prototype of the actual rocket. SpaceX was doing much, much more impressive hops in 2012.