Tell me why Elon buying Reddit ($RDDT) isn't the most obvious play
u/Avimox ·
Reddit — r/wallstreetbets
· August 26, 2026 at 18:04
· ⬆ 88 pts
· 💬 114 comments
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AI Summary
Summary
Post speculates Elon Musk will acquire Reddit (RDDT) for a ~40% premium (~$220/share), pointing to his past purchases of Twitter and AI ventures.
Author holds multiple RDDT call options across 2026/2027 expirations and calls the trade a “fever dream” lottery ticket.
Quality assessment: Pure speculation / meme-thesis DD, not fundamental research. It relies on narrative and M&A guessing rather than earnings or valuation analysis.
Score88
Comments114
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I'll keep it short:
* Reddit market cap is like 30B
* Elon paid 43B for Twitter (\~40% premium over its 30B market cap)
* Elon just paid 60B for shitty AI startup Cursor just for kicks
* What's another 50-60B to control the last remaining normie bastion of human(-ish) internet discourse? Especially at these discounted prices from the IPO
He already locked down twitter and that turned out fine, spez already took the backlash for locking down reddit, and we know ya'll mfs ain't goin anywhere.
Why waste time with licensing deals when you can just buy the platform and train your AI directly on it?
Also, Meta and Google , who are behind in AI, could start a bidding war to own this juicy data (instead of licensing it either).
Price target: Idk, 40% premium on today's price would be like $220 a share.
Positions:
* RDDT 26 12/18 160C x 10
* RDDT 27 03/19 300C x 50
* RDDT 26 08/28 200C x 2000 (lotto tickets because this came to me in a fever dream)
Hope i lose it all, this company stinks
Reddit’s market cap is ~$30B and Elon has paid large premiums for Twitter and other AI-related assets; Reddit’s user-generated data is valuable for AI training. A potential Elon acquisition or bidding war from AI/tech giants could re-rate RDDT shares toward a 40%+ premium. This is a speculative M&A/event-driven long on RDDT, not a valuation-based investment. No evidence Elon wants to buy Reddit; AI firms already access Reddit data via licensing; recent internet data is increasingly AI-polluted; broad regulatory/antitrust hurdles.