Record #7463

The space/space-tech sector, including SpaceX, will suffer a serious drawdown (short of a collapse) once two or three quarterly earnings reports force companies to justify their valuations

Scott Galloway: On Pivot · Prediction made 2026-06-16

Pending

Recorded occurrence

Each quote retains its own speaker, episode, publication date, timestamp when available, and full-source link.

Occurrence 1 of 1 · source record #74632026-06-16
Pivot · The White House UFC Fight, SpaceX’s Big Pop, and Fox’s Roku Deal
Original quote
I also believe that this entire sector is going to have, not a collapse, but a pretty serious drawdown when people after two or three earnings calls are forced to justify anything resembling a future that involves the kind of earnings built into this thing.
Quote begins at 31:51
Full episode · podcasts.apple.com

Prediction time2026-06-16

Exact speaking time unavailable; using the official episode publication date.

Episode published2026-06-16

FirmnessLoose

TopicTechnology

Resolve by2027-06-30

Boldness55 · Notable

How the call settles

SpaceX and other space-sector stocks fall substantially (20%+) from their post-IPO highs by mid-2027

Our reasoning

Pending. It will be judged only by this stored rule: SpaceX and other space-sector stocks fall substantially (20%+) from their post-IPO highs by mid-2027 Deadline or event: 2027-06-30.