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?
↗ https://reddit.com/r/investing/comments/1u0kks2/great_opportunity_to_short_spacex_now_that_the_sp/
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/)