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.

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