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[–] 50 points 1 month ago (2 children)

Seeing musk fail makes me giddy. Seeing people who dumped and lost their money on him makes me giddier. FAFO

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  • [–] 28 points 1 month ago (2 children)

    Unfortunately, a lot of people didn't have a choice in the matter.

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  • [–] 4 points 1 month ago (1 child)

    A lot of Americans voted for this clown, remember? And most of those voters were fine when DOGE destroyed the lives of many. Now it‘s their turn to pay up. Let this be a lesson for Americans. Subscribing into an ideology of selfishness and hatred comes at a cost for society.

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  • [–] 2 points 1 month ago (1 child)
  • [–] 22 points 1 month ago (2 children)

    Your money in savings and insurance and superannuation funds is often reinvested in shit like this.

    It's worth dropping yours an email and asking whether they do or not..

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  • [–] 6 points 1 month ago (2 children)

    The 401k that americans use also automatically invested in it if they didnt opt out iirc

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  • [–] 3 points 1 month ago

    There isn't a single 401k that Americans use. 401k is an index fund, an investment vehicle. I'm sure many included SpaceX but plenty did not.

    And as an individual you can't really "opt out" of individual stocks in the fund. You could roll all of your investment into a different fund that doesn't include the stock you don't want, but I don't know of any broker that allows people to pick and choose which stocks they want to use in their 401k. You give them money, they manage the fund, that's how it goes.

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  • [–] 2 points 1 month ago (1 child)

    Mine is invested in the UK with a focus towards sustainability and green energy, so I am safe. Plus I don't really care much if it doesn't go negative. Just want to pay off my mortgage and then stop working much.

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  • [–] 7 points 1 month ago (1 child)

    Shorting the stock and making money on your own when Musk fails

    (This is not financial advice. In fact it’s very dangerous as Musks companies often perform irrationally)

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