The Bard's Lemmy
  • Communities
  • Create Post
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
Chris Remington@beehaw.orgM to Technology@beehaw.org · 9 days ago

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

www.businessinsider.com

external-link
message-square
7
link
fedilink
105
external-link

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

www.businessinsider.com

Chris Remington@beehaw.orgM to Technology@beehaw.org · 9 days ago
message-square
7
link
fedilink
SpaceX's market cap has lost about $1 trillion in value since its June 16 peak and hit a new low since its record-breaking IPO.
alert-triangle
You must log in or # to comment.
  • anachronist@midwest.social
    link
    fedilink
    English
    arrow-up
    1
    ·
    6 days ago

    Lockups start expiring next month. They’ve still only floated less than 5% of the company! Buckle up buttercup.

    https://m.youtube.com/watch?v=CCzD3ONQsmM

  • Che Banana@beehaw.org
    link
    fedilink
    arrow-up
    40
    ·
    9 days ago

    Biggest pump and dump scheme yet… Now come the gov bailout to keep the company afloat while dismantling NASA further

    • 777@lemmy.ml
      link
      fedilink
      arrow-up
      2
      ·
      7 days ago

      I was looking at this a while back, and I don’t think insiders can sell for a while yet, but I think this really has been a gift to short sellers.

      In the end, I didn’t end up buying into the IPO because it seemed overpriced, and while I do like the idea of some of the business (Starlink) I don’t understand why it’s got to come with a fucking social network of all things.

  • trainsrkool@lemmy.ml
    link
    fedilink
    arrow-up
    20
    ·
    9 days ago

  • PointyFluff@lemmy.mlBanned
    link
    fedilink
    arrow-up
    5
    ·
    7 days ago

    HAHAHAHAHAHAHAHA🤣🤣🤣🤣

  • ɔiƚoxɘup@beehaw.org
    link
    fedilink
    English
    arrow-up
    3
    ·
    7 days ago

    So how much damage did it do to our retirement funds?

  • belated_frog_pants@beehaw.org
    link
    fedilink
    arrow-up
    2
    ·
    8 days ago

    Ha Ha 👉

Technology@beehaw.org

technology@beehaw.org

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@beehaw.org

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

  • Free and Open Source Software
  • Programming
  • Operating Systems

This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 181 users / day
  • 479 users / week
  • 741 users / month
  • 2K users / 6 months
  • 2 local subscribers
  • 43.3K subscribers
  • 3.29K Posts
  • 22.4K Comments
  • Modlog
  • mods:
  • alyaza [they/she]@beehaw.org
  • TheRtRevKaiser@beehaw.org
  • gyrfalcon@beehaw.org
  • rs5th@beehaw.org
  • coldredlight@beehaw.org
  • Leigh@beehaw.org
  • Chris Remington@beehaw.org
  • BE: 0.19.14
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org