SpaceX stock drops to a new low and loses $1T in value in a month

https://www.businessinsider.com/spacex-stock-drops-new-low-ipo-price-starship-launch-scrubbed-2026-7

Comments

88 points · 17 comments · view on lemmy.world

17 Comments

CompactFlax@discuss.tchncs.de · 18 pts · 50d

It wasn’t worth a trillion before ipo; it’s not really lost that value.

Jhex@lemmy.world · 16 pts · 50d

what the AI for child pornography is not yielding the earnings they wanted? even with a full on pedophile rapist as President of the USA?

PattyMcB@lemmy.world · 11 pts · 50d

Biggest pump and dump in history (so far)

Eternal192@anarchist.nexus · 8 pts · 50d (2 replies)

So? Am i supposed to feel sorry for the cunt? He still has way too much money that he doesn't deserve.

anomnom@sh.itjust.works · 3 pts · 50d (1 reply)

I might feel a little bit sorry for all the poor cunts who endured working for that asshole and are watching their stock options evaporate.

I wonder how many are behind the sell off? I know of I was allowed to, mine would have sold on day 2.

Chakravanti@multiverse.soulism.net · 0 pts · 47d

I'd bid my Monero on a darknet hidden union chat org if I had any and knew where to wager. Gambit was one of my favorites but I don't play with Mani-Mani. I got four of my own Horns.

resipsaloquitur@lemmy.cafe · 7 pts · 50d

Having mastered explosions, they’re now working on implosions.

foodandart@lemmy.zip · 7 pts · 50d (1 reply)

Good! Let's hope that going forward, the stock continues in the same direction.

anomnom@sh.itjust.works · 1 pts · 50d

$8 a share is the space x value. The rest can go.

_deleted_@aussie.zone · 7 pts · 50d

angelmountain@lemy.nl · 7 pts · 50d (2 replies)

I sincerely hope it gets much lower still

chocrates@piefed.world · 2 pts · 50d (1 reply)

I'm so mad Elon tied SpaceX to ai. I desperately want space to work

Wildmimic@anarchist.nexus · 8 pts · 50d

That dream died the moment he started pushing Datacenters in space, which is as braindead as it can get if you have any idea about physics.

BigTrout75@lemmy.world · 5 pts · 50d

As planned?

stretch2m@infosec.pub · 4 pts · 50d

Burn it to the ground!

RedGreenBlue@lemmy.zip · 4 pts · 50d (1 reply)

So who is loosing money?

SacralPlexus@lemmy.world · 18 pts · 50d

Everyone with a retirement account that owns NASDAQ index funds because they all have already bought shares. This has just been one big rug pull to rob people’s retirement funds.