'Buy SpaceX Stock Before It Goes Public' Posts Are a Scam

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'Buy SpaceX Stock Before It Goes Public' Posts Are a Scam
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A common strategy among online scammers is to lure victims into a group chat with the promise of an investment opportunity. This usually occurs on Messenger, Telegram, or WhatsApp.

A social media post claims that you can invest early in SpaceX stock by following the advice of a supposed expert in a group chat.A common strategy among online scammers is to lure victims into a group chat with the promise of an investment opportunity. However, it’s all a scam to steal users’ money. Aside from the scam, CNBC reported in June 2022 that Musk told SpaceX employees that the company was not likely to go public until 2025 or later.

On Oct. 10, 2022, a paid ad on Facebook promoted a fake investment opportunity with the words, “How To Buy SpaceX Stock Before It Goes Public.” The ad showed a picture of SpaceX CEO Elon Musk and directed users to chat with a person on Messenger, who then told users to visit a WhatsApp group chat named “There was no indication that Musk or anyone at SpaceX had anything to do with the scams.

The crypto scams we covered in the past also claimed to feature a specialist who could help deliver on the scam’s promise. In the crypto scams, the scammers called this person “the teacher.” We asked the user if this “Mr. Nino” was “the teacher.” The account responded, “Yes.” If the strange account name weren’t enough of a red flag, the profile also once featured two seemingly random pictures of young girls. According to

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