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SpaceX stock drops to a new low and loses $1 trillion in value in a month
(www.businessinsider.com)
this post was submitted on 17 Jul 2026
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Technology
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I made 29% within a week shorting SpaceX already, should I hodl or sell my position at some point? Do we think it'll ever recover?
If it's like Tesla stock, it will behave completely irrationally. Though, I guess most of the stock market is irrational now.
Now? The whole thing has always been based on human feelings, that's the point. I think you mean it is more volatile now? Or maybe it changes more radically?
We're talking about a business led by the richest person in the world who has already made it entirely clear he can buy his way to anything he desires. 30% is a tidy sum, I'd lock it in and call it a day.
It will not, not permanently.