Posts  / SPACEX  / #POST-229610
REDDIT

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?

How many warning signs of a rug pull does this have? Let's see:
\* Insane PE ratio at $135 asking price and $1.5T
\* xAI hold a real threat of value destruction
\* Erratic ketamine junkie at the helm overpromises and fails on his deliveries
\* welfare queen rocket company uniquely dependent on Uncle Sucker?
\* Filing on April 1 shows they know this stock is an April Fools joke for fools only.

How far down can we ride this boat anchor? $135 down to $80 would be a tidy short term profit.

[https://arstechnica.com/tech-policy/2026/06/sp-500-blocks-fast-spacex-entry-wont-waive-rule-for-unprofitable-ai-firms/](https://arstechnica.com/tech-policy/2026/06/sp-500-blocks-fast-spacex-entry-wont-waive-rule-for-unprofitable-ai-firms/)

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