▲ 234 ▼ SpaceX stock drops to a new low and loses $1 trillion in value in a month (www.businessinsider.com) submitted 1 month ago by remington@beehaw.org [M] to c/technology@beehaw.org 48 comments fedilink hide all child comments
[–] The_Che_Banana@beehaw.org 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 permalink fedilink source hideshow 2 child comments replies: [–] 777@lemmy.ml 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. permalink fedilink source parent
[–] 777@lemmy.ml 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. permalink fedilink source parent