r/Stocks Daily Discussion & Options Trading Thursday - May 21, 2026

[+7] u/elgrandorado: Seeing that SpaceX S-1 prospectus is nightmare fuel for any sane investor looking to buy into the IPO. Net Loss of $4.9 billion dollars in 2025. I thought the company was profitable with thin operating margins, but I guess that was their community adjusted EBITDA making the rounds. How the hell are you going to present EBITDA when your business is capital intensive by nature? Their AI "business" is incinerating cash, $7.7 billion in CapEx for Q1, larger than Space and Connectivity combined. Yikes I thought this was a more stable business able to use it's Starlink and satellite launch business units to fully offset the AI spend, but nope just an insane amount of smoke and mirrors. Edit: If S&P Global decides to fast-track this steaming pile of garbage in the S&P 500, I'm going to sell out of my entire retirement holding and allocate elsewhere. Let's see how the index funds manage this. The QQQ is already bending over for Anthropic, SpaceX, and OpenAI. [+5] u/UnObtainium17: AAPL quietly back to ath after sliding from $290 to $240 early this year.