FoxtrotDeltaTango@sh.itjust.works to

News@lemmy.world · 1 month ago

SpaceX Stock Plunge Wipes Out $600 Billion After Cursor Deal Spooks Investors

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SpaceX Stock Plunge Wipes Out $600 Billion After Cursor Deal Spooks Investors

FoxtrotDeltaTango@sh.itjust.works to

News@lemmy.world · 1 month ago

6

Here’s Why SpaceX Stock Suddenly Took A Dive

Elon Musk’s rocket firm pulled back from a rally that pushed its market value ahead of Amazon and Microsoft.

cross-posted from: https://lemmy.today/post/55069608

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Ledivin@lemmy.world
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1 month ago
Literally every piece of news on the IPO was about how the valuation was way, way too high. Who the fuck didn’t see the drop coming?
- CharlesDarwin@lemmy.world
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  I actually expect it to go higher than its earlier high, but then I would not be surprised to see it go much (much) lower than where it IPOed at.

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