▲ 553 ▼ SpaceX Stock Plummets Below IPO Price as $1 Trillion Vanishes (townflex.com) submitted 2 months ago by stermy4u@lemmy.world to c/technology@lemmy.world 105 comments fedilink hide all child comments
[–] Crackhappy@lemmy.world 6 points 2 months ago (3 children) Damnation. I only made $20k from the downturn. permalink fedilink source hideshow 3 child comments replies: [–] Regrettable_incident@lemmy.world 3 points 2 months ago (2 children) I mean, it might drop further, there's probably going to be a bunch of automated panic selling. permalink fedilink source parent hideshow 2 child comments replies: [–] MagicShel@lemmy.zip 2 points 2 months ago (1 child) Or it could find a support level. Who knows? Musk may be worthless, but the company isn't. There is some stable valuation. Panic selling is a buying opportunity — assuming you like gambling and want to invest in that asshole's companies. permalink fedilink source parent hideshow 1 child comment replies: [–] IronBird@lemmy.world 3 points 2 months ago considering Musk's lockup period is the last (and largest) to end, my $ would be on it pumping before then permalink fedilink source parent
[–] Regrettable_incident@lemmy.world 3 points 2 months ago (2 children) I mean, it might drop further, there's probably going to be a bunch of automated panic selling. permalink fedilink source parent hideshow 2 child comments replies: [–] MagicShel@lemmy.zip 2 points 2 months ago (1 child) Or it could find a support level. Who knows? Musk may be worthless, but the company isn't. There is some stable valuation. Panic selling is a buying opportunity — assuming you like gambling and want to invest in that asshole's companies. permalink fedilink source parent hideshow 1 child comment replies: [–] IronBird@lemmy.world 3 points 2 months ago considering Musk's lockup period is the last (and largest) to end, my $ would be on it pumping before then permalink fedilink source parent
[–] MagicShel@lemmy.zip 2 points 2 months ago (1 child) Or it could find a support level. Who knows? Musk may be worthless, but the company isn't. There is some stable valuation. Panic selling is a buying opportunity — assuming you like gambling and want to invest in that asshole's companies. permalink fedilink source parent hideshow 1 child comment replies: [–] IronBird@lemmy.world 3 points 2 months ago considering Musk's lockup period is the last (and largest) to end, my $ would be on it pumping before then permalink fedilink source parent
[–] IronBird@lemmy.world 3 points 2 months ago considering Musk's lockup period is the last (and largest) to end, my $ would be on it pumping before then permalink fedilink source parent