What else would you expect trying to make a company that barely makes anything command a trillion dollar evaluation.

Love it. Hope Tesla's next and his house of cards collapses as all the debt leveraged on his Tesla shares comes calling.

All the analysts at the beginning were shouting that the IPO was overvalued.

Making outrageous promises and failing to deliver is Elon Musk's brand.

If you have money to invest, and you lost it in SpaceX without doing your due research, I have no sympathy for you.

(I have no money to invest. I was just following SpaceX and Musk's dubious trillionaire status. He's still, way, way too rich.)

Just a note: the same people who predicted this would happen are the same predicting the AI bubble bursting.

Fools and their money are easily parted.

Seriously WTF did they expect????

How did this not smell like a pump and dump to everyone?

"I gambled on a thing now I'm having a meltdown that it didn't go my way!"

Oh no, it's the obvious and inevitable outcome that literally everyone saw coming. Who could have know this would happen??!1?

Awww. Poor fuckwits bought into a nazi-run company.

I'm sorry they didn't lose more.

Since this snuck into a bunch of folks index funds a whole lot of people just paid Elon musk.

Who knew investing in a capitalist fascist would impoverish you?

The stock market is gambling.

“SpaceX gamblers in meltdown over not having a winning bet.”

-24% since IPO is still crazy high. I expected it to drop at least 50% day one. But alas, people are idiots

Musk = POS Nazi.

They have no one to blame but themselves. What kind of flaming idiot puts their trust in Musk after all he has pulled and all that was publicly available about the spacex stock being an AI scam and not the previous core business of spacex.

What… did they think was gonna happen??? It was a huuuuge pump and dump wealth transfer. It was so fucking obvious

Investors really are just a bunch of toddlers with no memory, no critical thinking skills, and no real skills at all, actually.

If you lost money investing in Musk, I not only have no sympathy but I’m actually going to laugh at you for as long as I have air in my lungs. This, in between my sadness for the lost mkney that could have been used productively to help people.

It's so hard to believe how people put so much money into a completely unknown stock (and with the joker Elon Musk involved in it) on day one. These people are not on their first day as investors but they are sure acting like it.

I think too many kids grew up on social media and believe whatever they read there. Fed by algorithms.

Even though, these guys have so much money so I guess it's adults? It's pretty shocking.

They are going to be really mad because it's still 2x to 4x what it's actually worth, it's gonna drop hard.

Good god, people were actually believing in that stock? Fucking idiots. 😂

That’s a meme stock, or something you buy a single share of just to say you have it. That wasn’t ever going make you rich, certainly not in the short run.

For everyone blaming his politics for the decline, you clearly weren't paying attention when 75% of Tesla shareholders voted to pay him a $1T bonus last November.

The people dealing with stocks don't care about his politics.

They always think they're in on the scam instead of the ones being scammed.