▲ 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
[–] SaveTheTuaHawk@lemmy.ca 33 points 2 months ago (1 child) The world's first ex-trillionaire. Back to tres commas for you. permalink fedilink source hideshow 1 child comment replies: [–] echodot@feddit.uk 1 point 1 month ago When the IPO first was announced I made the point that Elon Musk isn't now a trillionaire because not one will buy the stock at that price. Overinflated IPOs aren't really relevant to the stock market, they already knew the value of a company they don't need to be told what it is, they're just a marketing gimmick. permalink fedilink source parent
[–] echodot@feddit.uk 1 point 1 month ago When the IPO first was announced I made the point that Elon Musk isn't now a trillionaire because not one will buy the stock at that price. Overinflated IPOs aren't really relevant to the stock market, they already knew the value of a company they don't need to be told what it is, they're just a marketing gimmick. permalink fedilink source parent