Investor Says His SpaceX Bet Has Cost him $200K So Far. 'We'll Learn How to Trade This Stock Eventually'

An investor says a massive bet on SpaceX (NASDAQ: SPCX ) has already cost him nearly $200,000, but he’s not ready to walk away yet. The investor from the popular WallStreetBets subreddit recently shared screenshots showing losses across both SpaceX shares and options positions, including a Roth IRA that is down more than $112,000. Even after the losses, the investor still believes upcoming events could help the stock recover. Don’t Miss: Deloitte’s #1 Fastest-Growing Software Company Lets Users Earn Money Just by Scrolling — Investors Can Still Get In at $0.52/Share Big Pharma Has Spent Years Searching For Better Osteoarthritis Treatments. This Biotech Is Taking A Different Approach. A Costly SpaceX Trade The biggest position is a Roth IRA holding 1,498 shares of SpaceX. According to the screenshots, the shares were purchased at $211 each, the stock’s peak closing price, a...