The world’s first ex-trillionaire. Back to tres commas for you.
Not to worry I’m sure the trillion was mostly just from pleb 401ks.
In a way SpaceX did me a favor. I dumped my NASDAQ composite fund before they started carrying SpaceX. It’s been on a downward trend ever since.
Maybe it’s been on a downward trend because of SpaceX?
Im pretty sure that is what they are implying
Well then, SpaceX did them no favour because they would’ve profited off their NASDAQ fund investment if not for them.
No… as they said, they had already sold. If spacex never joined or they sold later, they wouldve lost money
I assumed that they dumped their NASDAQ fund because it was about to carry SpaceX.
I dumped mine because of the war. Missing the spacex slump was just a plus
I knew I should have shorted it 😭
The market can stay irrational longer than you can stay solvent.
The stock hit $123 on Friday. It’s still got a $1.6T market cap. I have no idea where they got that headline from.
Because the high was just over $200. They are talking from its peak.
Who could possibly have foreseen this! It’s an utter mystery!
Good. Choke on it, Elon.
Musk = POS Nazi.
Musk is the world’s first zeronaire.
Wonderful. Keep going!
What I find interesting about this is that everybody knew exactly what would happen, and then it happened. It’s a perfect counterexample to the logic of “this system isn’t perfect, but it’s the best thing we have.” It’s just the rich and powerful using leveraging their wealth and power to become even more so, and under the current rules nobody can stop them.
Shame the SEC will not stomp on the neo-Nazi.
1 trillion to go!
Damnation. I only made $20k from the downturn.
I mean, it might drop further, there’s probably going to be a bunch of automated panic selling.
Those are just internet/market speculation numbers, not of any real value. He’s no trillionaire, but his buddies own all the media so he gets the platforms and news cycles to say he’s a trillionaire. I’m a little pissed at George Orwell for giving them all of those ideas.
I hope they go to hell
If you bought, just hold. Can’t time something this wild.
If you’re dumb enough to have been dumb, keep being dumb.
I agree that it was dumb for people to buy SpaceX, especially with the lack of any voting power.
That said, it’s dumber to sell stock when it’s down.
It depends if you don’t mind throwing the money away, or waiting thirty years for it to catch back up.
Or you can dollar cost average your way to a more workable position over time.
In investing patience is a great thing.
That’s what I said?
Not exactly, no.
But, basically yes
