Nope. Even if allowed—which the stock purchase contract may not allow in this case—you’d be selling short term. Meaning, you’d pay capital gains tax at your ‘normal’ tax rate. I’m assuming somewhere in the 20% effective tax rate range. Probably higher if you’re single with no dependents, and a decent banking job. That doesn’t count your buying fees. I don’t know your situation enough to know if you’d incur AMT.
But, you’d take a loss.
You need to sit on it and ride for at least one year to get it treated as a long-term capital gain, and get the lowest tax rate.
Sorry to burst your bubble. You still bought a good, long-term investment. Just be prepared for a bumpy ride for a year or two until the first few reports come out, and serious investors can get a better handle on the numbers. The Starlink portion of the business is the profit-making side. Not the rockets.
Right now, many are investing in the hype & Musk himself. If Musk were to suddenly not be in the picture, would you have bought the stock? I doubt if many investors would…
That’s a scary proposition if you actually wanted to purchase more than just a few shares.
The institutional buyers can dump a lot quicker than you can.