553
SpaceX Stock Plummets Below IPO Price as $1 Trillion Vanishes (townflex.com)
submitted 2 months ago by to c/technology@lemmy.world
105 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 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
    •
  • [–] 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
    •