Great opportunity to SHORT SpaceX now that the S&P has refused to break its rules to force index investors into this garbage stock. Who is on Team SHORT?

u/UnlikelyAdventurer · Reddit — r/investing · June 08, 2026 at 20:57 · ⬆ 417 pts · 💬 269 comments  | View on Reddit ↗
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Summary

  • The author argues that SpaceX is a heavily overvalued "garbage stock" with a P/E of 135, a $1.5T asking price, and multiple red flags (erratic CEO, xAI threat, government dependency, April Fool’s filing).
  • They propose shorting SpaceX from $135 down to $80, citing the S&P 500’s refusal to waive entry rules for unprofitable AI/fintech companies as a catalyst.
  • Quality assessment: Noise – the post is emotionally charged, lacks fundamental data, and SpaceX is a private company without a publicly tradeable short vehicle.
Score 417
Comments 269
Upvote % 71%
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