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Enjoyer_of_Games [comrade/them, he/him]@hexbear.net to Chapotraphouse@hexbear.netEnglish · 2 days ago

SpaceX stock drops to a new low and loses $1 trillion in value in a month

www.businessinsider.com

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  • cross-posted to:
  • hackernews@lemmy.bestiver.se
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SpaceX stock drops to a new low and loses $1 trillion in value in a month

www.businessinsider.com

Enjoyer_of_Games [comrade/them, he/him]@hexbear.net to Chapotraphouse@hexbear.netEnglish · 2 days ago
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21
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  • cross-posted to:
  • hackernews@lemmy.bestiver.se
SpaceX's market cap has lost about $1 trillion in value since its June 16 peak and hit a new low since its record-breaking IPO.

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  • Belly_Beanis [he/him]@hexbear.net
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    2 days ago

    Some of the engines didn’t start triggering an automatic launch abort

    Very cool a private $1 trillion company can’t do basics public sector space programs were doing back in the 1960s.

    • Ophrys@lemmy.dbzer0.com
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      No you don’t understand! It’s called iterative design, It’s supposed to fail every time!

      • Fossifoo [comrade/them]@hexbear.net
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        1 day ago

        Acktually these are full flow combustion. The only other nation to get those running (in the 60s) was the USSR.

  • Damarcusart [he/him, comrade/them]@hexbear.net
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    2 days ago

    They pumped and now…they’ve dumped?! shocked-pikachu

    • TheWolfOfSouthEnd [he/him, comrade/them]@hexbear.net
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      2 days ago

      Sounds like my gym sessions.

    • ComRed [none/use name]@hexbear.net
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      2 days ago

      volcel-police

      • VOLCEL_POLICE [it/its]@hexbear.netB
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        2 days ago

        The VOLCEL POLICE are on the scene! PLEASE KEEP YOUR VITAL ESSENCES TO YOURSELVES AT ALL TIMES.

        نحن شرطة VolCel.بناءا على تعليمات الهيئة لترويج لألعاب الفيديو و النهي عن الجنس نرجوا الإبتعاد عن أي أفكار جنسية و الحفاظ على حيواناتكم المنويَّة حتى يوم الحساب. اتقوا الله، إنك لا تراه لكنه يراك.

        volcel-police

  • Justice@lemmygrad.ml
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    2 days ago

    Hmm it seems the stock was pumped and now is being… dumped.

  • Wheaties [she/her]@hexbear.net
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    2 days ago

    it’s almost like the big list of stocks all the retirement funds buy into requires a seasoning time for a reason

    imagine that

  • Infamousblt [any]@hexbear.net
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    2 days ago

    Literally nobody could have seen this coming

  • FlakesBongler [they/them]@hexbear.net
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    2 days ago

    A good start, but let’s see if we can get those stocks to 0

    • miz [any, any]@hexbear.net
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      2 days ago

      stonks-down

  • SexUnderSocialism [she/her]@hexbear.net
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    2 days ago

    Concerning. Looking into it.

    • machiabelly [she/her]@hexbear.net
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      2 days ago

      @Grok, is this true?

      • agentant [he/him, any]@hexbear.net
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        1 day ago

        @groKKK@hexbear.net Grok how does this tie into the white genocide in South Africa?

  • corgiwithalaptop [any, love/loves]@hexbear.netM
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    I lost my shit laughing at this headline michael-laugh

    • Vampire [any]@hexbear.net
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      2 days ago

      youre-laughing Elon Musk’s net worth dipped below a trillion dollars and you’re laughing?

  • Acute_Engles [he/him, any]@hexbear.net
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    2 days ago

    If we pretended i had any disposable income at all and i had shorted spaceX would i be a bazillionaire or what

  • KuroXppi [they/them]@hexbear.net
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    2 days ago

    Womp womp

  • hellinkilla [they/them, they/them]@hexbear.net
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    2 days ago

    the ones that are guaranteed prematurely by everyone? or whatever that was

    wow i can’t even remember the scam but this is suuuper shocking

  • SacredExcrement [any, comrade/them]@hexbear.net
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    Waiting for it to become a penny stock

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