SpaceX Investors in Meltdown Over All the Money They’ve Lost - Futurism

What the report says

Futurism reported that some retail investors who bought SpaceX shares have become alarmed after a sharp decline in the company’s stock price. According to the article, shares that began trading publicly in early June at $150 rose above $225 before falling to about $110, leaving the stock nearly 30% below its opening level. The piece attributes the selloff to worries about valuation and recent operational setbacks.

The report highlights complaints from individual investors on Reddit’s r/WallStreetBets and on Elon Musk’s X platform. One Reddit user claimed a loss of nearly C$455,000 while still holding 7,300 shares, and another social media user said they had lost more than $20,000 in a month. Futurism also noted that users criticized the timing of a SpaceX update delaying Starship’s 13th test flight by one day, saying it arrived shortly after U.S. markets closed.

The article said the Starship test was rescheduled for Friday evening and suggested that a successful launch could help sentiment, while another public failure could deepen investor concern. It also referenced Musk’s stated ambition for a $2 trillion valuation, framing the current decline as a challenge to that outlook.

Important context for editors: Futurism’s account describes SpaceX as trading on public markets, but the supplied text does not identify an exchange, ticker symbol, filing, or brokerage source. SpaceX has historically been privately held, so the market details in the report should be independently verified before publication.