Status-hits are some of the most painful events in your life. Thoughts of suicide often emerge when you're feeling down since suicide is a possible escape and will reduce the pain.
But I agree that status also plays a role in the decision to kill yourself. If you really blow your brains out you can credibly signal that you were feeling really low and gain some sympathy and compassion.
I sometimes have thoughts of suicide. That does not mean I would ever come within a mile of committing the act of suicide. But my brain does simulate it; though I do try to always reduce such thoughts.
But what I have noticed is that 'suicide' is triggered in my mind whenever I think of some embarrassing event, real or imagined. Or an event in which I'm obviously a low-status actor. This leads me to think that suicide might be a high-status move, in the sense that its goal is to recover status after some event which caused a big drop in status. Consider the following instances when suicide is often considered: