SpaceX stock has fallen below its $135 IPO price since its market debut earlier this year, leaving investors with real losses—one cited a $300K+ wipeout from options trading. The decline follows rocky trading and competition in the space industry, though some early investors likely remain profitable despite the slide. The headline uses dramatic language ('all the money') that overstates the universality of losses, but the core fact that many investors are down significantly is confirmed by multiple outlets.