--- title: "SpaceX Investors Are Lamenting All the Money They’ve Lost" description: "Shares of Elon Musk's SpaceX are scraping by at record low levels this week, struggling to find any renewed enthusiasm from wary investors." date: "2026-07-15" modified: "2026-07-15" authors: - name: "Victor Tangermann" job_title: "Senior Editor" link: "https://futurism.com/authors/victor" url: "https://futurism.com/space/spacex-investors-lamenting-money-lost" categories: - "Space" - "SpaceX" --- # SpaceX Investors Are Lamenting All the Money They’ve Lost ![A comic photo illustration featuring a man shouting at the sky in anger with his fist raised, while a disembodied face of Elon Musk floats and puckers it's lips in a ridiculous silly expression.]() *Illustration by Tag Hartman-Simkins / Futurism. Source: Theo Wargo / WireImage via Getty Images; Shutterstock* Shares of Elon Musk's SpaceX are scraping by at record low levels this week, struggling to find any renewed enthusiasm from wary investors. The stock is hovering just below $136, a hair above [its original IPO price of $135](), and well below its opening price of $150 on the day it went public last month. Shares are down almost nine percent over the last five days alone, and are just shy of 40 percent down compared to their all-time high of $225. The slumping value of Musk's rocket company has been a brutal wake-up call for some particularly daring investors, who went all in on what many have started to refer to as a "[meme stock]()." One Reddit user, who leveraged their own Roth IRA by making major calls on SpaceX, wiped out several hundred thousand dollars from their retirement. The user made several SPCX calls at $160 and $145, decisions that ultimately came back to haunt them. "So my Roth IRA is down 25 percent, I went and made a few options trades in Robinhood that also went the other way," the user lamented in the [infamous Wall Street Bets subreddit](). The warning signs of a steep market correction were all there. SpaceX went public with an astronomical, multitrillion dollar valuation despite losing billions of dollars a quarter, effectively guaranteeing major volatility. Even members of the Wall Street Bets community, which has a long history of advocating for aggressive trading strategies, were shaking their heads. "No one could have seen this coming," one user wrote [facetiously](). "Crazy that people knew the insanely bloated valuation but still went long," another [added](). "Musk companies aren’t rational, Tesla has an insanely bloated valuation and is still way too high," one user [argued](). "The only winning move is not to play." Analysts have long warned that investing in SpaceX is a bet on Musk himself. To make sense of its enormous valuation requires buying into his lofty vision of [establishing AI data centers in space]() and constructing a city on Mars. As [*Reuters* puts it](), SpaceX's listing has turned into a "confidence test." Now that shares have plunged below its IPO price, the scales could already be falling from investors' eyes. "It raises the narrative that the stock is up on fluff, on speculation, on froth, and not on real fundamentals," Miller Tabak chief market strategist Matthew Maley told *Reuters*. Anybody who bought in early "hoping to 'make a killing' will be disappointed," Carnegie Investment Counsel director of research Greg Halter added. **More on SpaceX shares:** [*SpaceX Stock Plunges to All-Time Low After Competitor Makes Major Leap*]() ## Author I've been at Futurism since 2017, where my role has evolved to encompass design, writing, and increasingly editing. I've always been fascinated by space exploration and advanced transportation, which I've leaned into by interviewing luminaries in those fields while closely following the dimensions of policy and regulation that allow next-generation projects to succeed -- or, sometimes, to fail. I'm also keenly interested in the effects of generative AI on society, policies, and democratic institutions, as well as clean energy, physics and biology, and the vagaries of tech leadership. My work for Futurism has been cited by publications including Ars Technica, Gizmodo, PC Magazine, Jalopnik, Fox News, and the New York Post. I spent my childhood living in locations including Manila, the Philippines, and Geneva, Switzerland, attended McGill University, and now live in Toronto, Canada. Before Futurism I worked at AskMen and a small photography studio. In my free time, I'm an avid gardener, foodie, and craft beer lover, as well as a maker of artisanal hot pepper sauces. I have a magnificent dog named Freida. ### Author social links [Bluesky]()