FU*K SPACEX I put $47,445 In This Space Stock Instead

Added: 2026-06-01

[00:00:00]So, everyone's talking about SpaceX, but I think I may have stumbled across something that could make me even more money. All right? And I'm very excited about this. And I've been thinking and I've been umming and ahhing, do I make this video? I was thinking about it all of yesterday because what I've done is extremely D gen. So, I want to give you guys the biggest disclaimer I've ever given on this channel before. I am not, quite obviously, a financial advisor.

[00:00:24]I'm literally sitting in a bedroom right now. And what I'm going to be talking about is essentially gambling. But, it's playing a hand, let's call it. We're looking at what's happened in the history with stocks and how they've moved and taking a calculated risk on that. But, it's a very big risk and I could lose all of my money doing it, all right? So, don't blindly follow me, whatever you do. Read this disclaimer and then read the longer one down there in the description. And now that I've got all of that out of the way, let's get let's get a little bit saucy in here. Cuz we're talking about Virgin Galactic. Now, look at this. You might be surprised to see Virgin Galactic went up in the space of about a week 210%.

[00:01:08]But, what is going on here and why are people buying it? That's what I want to be discussing because I right now hold 2,000 Virgin Galactic shares.

[00:01:17]And it's actually completely free because of what I did yesterday.

[00:01:21]And that's the most exciting thing. But, the most D gen and risky thing that you could ever really do. We're going to discuss that in a second, but don't be fooled by the price action cuz if you do this, you will quickly realize that oh my god. At one point, Virgin Galactic was $1,258.

[00:01:42]And right now, it's $6. All right? All right? [laughter] It's $6. Now, I actually bought Virgin Galactic back in 2021 and it went to zero. By zero, I mean down 99.8%.

[00:01:54]But, I always kept it in my mind. I knew the ticker was space, S P C E.

[00:02:01]Space.

[00:02:03]And when this whole thing about the SpaceX IPO was happening, it made me really think.

[00:02:09]I wonder if space is going to be able to get some of this excitement because people are going to be like, "Well, I can't buy SpaceX. What's the closest ticker symbol to SpaceX?"

[00:02:20]SpaceX is S P C E. And it sounds ridiculous. But then I started doing some digging and I went to Reddit where any great philosophical investor would go. And I started reading about this.

[00:02:32]And then I stumbled across the old and wise being sarcastic, by the way, WallStreetBets.

[00:02:39]All right. And what they have now is actually quite interesting. They can You can summarize what's being said on Reddit. But I went through all of these and I was reading it and we see this, look, SpaceX right to the Mars. They've done calls, $2,000 in a day. Right to the moon. We've got so many things happening. And we've got a meme story here. Because I like this Virgin stock. It fits us well. The only better name would be R-word Galactic. We are the virgins of the R-word galaxy. All right. So, there's definitely a meme going on here.

[00:03:09]So, we've got the meme memeable name. We also have the fact that the ticker symbol is extremely similar and it's in the space niche which everyone's getting excited about. And this is not a long-term investment by any stretch of the imagination, guys.

[00:03:23]But this reminds me of GameStop. And I missed out on making a lot of money in GameStop and I am someone who likes to uh play the game, right? I put almost all of my money into ETFs.

[00:03:37]The S&P, the Nasdaq, uh a similar to SCHD, and an all-world index. So, almost all of my investment is in there. And then I have a little bit that I play with. And almost all of the rest of it is in Amazon, Microsoft, Meta, SoFi, and BMLR. All right, that's where the rest of it Oh, and some Berkshire Hathaway. And then an even smaller amount, I mess around with crazy degen stuff. Like using futures exchanges to trade the price of Micron.

[00:04:07]All right, I've been sharing that trade with you guys there. There's $5,000 there. Of course, some of these go bad.

[00:04:12]Just like literally investing into this exact same stock 5 years ago, it went very bad. 99.8% down. All right? But yesterday I did something interesting.

[00:04:23]I was reading this and I thought, "You know what? Just in case, I think this could be a great opportunity to be holding up until the SpaceX IPO for me personally." All right, so we have uh people expecting essentially this is the play, right? They're going to either type it in too early on the day and only see one ticker that isn't SpaceX, but the other one a space company with the same first three letters. Get in your two brain cells here. Do you really think no one is going to accidentally bid up the other space stock thinking it's SpaceX? There is a precedent for this as well. When Zoom IPO'd during the pandemic, ticker symbol ZM, another company with the ticker ZOOM, blew up 1,800%.

[00:05:03]Also, in 2021, this stock got up to a peak price of 1,100 and it's trading at over $4 now. In addition to the confusion play, Jefferies just reiterated a buy rating at $5 target for the stock, this is the space stock, the other day. It has space sympathy play going and still small market cap, so the convexity potential here is high compared to the standard space stocks.

[00:05:28]Now, the interesting thing is space is actually Virgin Galactic.

[00:05:31]They're basically taking on, you know, Virgin Atlantic as planes, commercial planes taking people around, and Virgin Galactic is trying to take people to space for tourism essentially. And that, you know, it's an interesting play. Will it work? I don't know. Blue Origin's uh rocket just exploded, but this is a pure meme play. So, what did I do? Yesterday, I went on to IBRK, one of the brokers that I use, and I bought at the opening $47,445 worth of this stock.

[00:06:02]I know. I know.

[00:06:03]It's crazy. But, my thought process was this. And this is how I've made a lot of money in these markets. Back in 2021, I bought a meme coin or a hype coin, uh and I wrote that up from $500 to $150,000. [snorts] All right? That's what happened. And I did it all live on my channel.

[00:06:21]So, I've played these a few times. I did a similar thing with GameStop, and I lost all the money. All right? So, it's up in the air whether it's going to work or not. But, what I've learned over the time, right, is if I'm going to take a big play, what I would rather do is, first of all, I start actually quite large, and I think to myself, "Okay, I'm willing to take or I'm willing to lose, let's say, $4,700, 10%, right? I'm willing to lose that."

[00:06:45]So, instead of saying, "Okay, well, I'll put $4,700 in, and then if it goes to zero, it goes to zero." Instead, I'm going to put 10 times more than that into it. So, you could say the same for $10 and $100, right? Whatever.

[00:06:56]I'm going to put 10 times more in, right? But, I'm going to have a 10% buffer. If it loses 10%, I'm going to close the trade, and I'm going to forget about it, and it didn't work, right? I'm not going to FOMO, I'm not going to do anything. I'm just willing to risk just under $5,000 to see if this is right.

[00:07:10]I'm willing to risk that. So, I put this money in. So, that was my plan. Now, I put it in, and the second I put it in, the price dropped. The second. It went down to $3,300 in a loss. I think it was like right around there, right? Or maybe here. One of these, right? $3,300 in a loss. And I was like, "Okay, well, if it hits $4,700 loss, I'm closing this position." And I did actually put a stop loss in.

[00:07:33]But, it didn't.

[00:07:34]Then, it started to bounce, and things started to get exciting.

[00:07:37]I went to the gym, I came back, it was up $1,000.

[00:07:41]I made some videos, I chilled out, I hung out with my fiance, and it was down another two thousand dollars. And I was like, then I went and met my friends and I hung out for a bit and I checked my phone and it was up seven thousand dollars. So what I did at seven thousand dollars profit was I put in a stop loss where I would keep I think five thousand dollars profit and then the rest would just stop out.

[00:08:04]Then it got later on in the day and it was about an hour before the market closed where I took this screenshot, right?

[00:08:10]I then closed out 90% of this position.

[00:08:15]So I closed out everything other than this eleven thousand dollars profit.

[00:08:20]I closed it out. The reason I did this other than a stop loss was my thought process is we could drop there could be a catastrophic thing that happens this weekend while the market's closed and my stop loss wouldn't work. So I don't want to risk that. But what I am happy to risk is the profit. So I sold everything that wasn't the profit and I left eleven thousand dollars in which equals two thousand stocks. So I bought ten thousand stocks and now I have two thousand, approximately worth eleven thousand dollars right now. And I think that eleven thousand dollars at some point could be worth a lot more. But the key to this strategy is to not go if it doubles, triples, whatever go, "Ah, I could have had so much more money so I'm going to put all the money back in and then lose it because that's what normal retail degenerates do. Now I'm still a normal retail degenerate, but I've created this strategy around my emotion and around what I'm willing to lose. So first of all, I start off I say, "How much am I willing to lose in this trade?" I give myself a 10% buffer.

[00:09:14]I put the money in. I wait patiently. It either doesn't work, right? Or it works out. Now my risk was 10% loss, but my reward I took out about 22, 23% gain, right? So great. Now I have that gain and now that can go on to double, triple, whatever happens. I don't know what's going to happen. This could go to zero, but now I have no risk in the trade. So that's exactly what I did, exactly how I followed this, and this was a pure gamble play from Reddit. But, I actually do like the thesis around this. I do like the fact that it's got SPCE as the ticker. I like the meme momentum given the name, and the fact that the SpaceX IPO is going to create hype and massive confusion, right? Um there is also trader sentiment and behavior. It's got a lot of re-ticket mentality. Uh and contrarian skeptical views. It could be a pump and dump, and very well may be a pump and dump. And that's why I took out my own capital. I don't want to risk that capital. Yes, I could risk and I if it does a 10x, right? I could make 500 grand, but then I'm taking all the risk.

[00:10:16]I can lose that money. Now, I can't lose the money. All right? So, we also have this interesting short interest, right?

[00:10:23]Traders note high short interest and a small market cap. SpaceX only has 100 million shares, and about I think 24 or 25% are currently short. So, this means we could have a massive short squeeze.

[00:10:36]So, there's a lot of things at play here. Big short-term wins are possible, and they are happening right now, but there are warnings of crashing and sell signals. Of course, it's already up 200% I think this week alone, right? This week alone, and it's very dangerous.

[00:10:52]That's why I wanted to bring this to you because I don't think really anyone on YouTube is talking about I think I seen one other guy making videos about it, but no one else. I want to give you guys these opportunities, but I The thing is is I've made a lot of money doing these things. This is how I got my start. So, I know these sorts of opportunities are important, but it's also very important. Like I said, I turned $5,000 into $150,000 doing something similar in crypto. However, I had a lot more than $500, right? It was a very small portion of the cash and my net worth at the time, right? It was very small. I was willing to lose it all, and that is the key here. That way you're not emotional, you're not chasing the massive swings, you're not putting yourself in danger, any of that stuff.

[00:11:33]Use an amount of money that is small enough that you can afford to lose it.

[00:11:37]That's the key. And this is this is after having most of my positions in ETFs that I consider a lot safer than this sort of thing. And then large caps like Microsoft, Meta, and Amazon. And then I have some more risky plays like SoFi and Beyond Meat, but these are riskier, larger caps than what we're talking about, and they're not short-term gambling plays. With that said, guys, let me know what you think. What do you think about this thesis? Would you do something similar? Are you doing something similar? And can we make this the next GameStop? Let me know down there in the comment section. And if you do appreciate what I'm doing in this market, I'm trying to bring you a little different view than the normal stock market YouTubers. So if you can do me a favor, guys, right now, we have only about 12% of the people who watch my channel that are subscribed. So if you can help me out, hit the subscribe button. If you do hit the subscribe button, it means I'll see you tomorrow. So see you then. Peace.