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SpaceX stock drops to a new low and loses $1 trillion in value in a month (www.businessinsider.com)
submitted 1 month ago by [M] to c/technology@beehaw.org
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[–] 74 points 1 month ago (1 child)

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

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  • [–] 3 points 1 month 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.

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