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stermy4u@lemmy.world to Technology@lemmy.worldEnglish · 4 days ago

SpaceX Stock Plummets Below IPO Price as $1 Trillion Vanishes

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SpaceX Stock Plummets Below IPO Price as $1 Trillion Vanishes

townflex.com

stermy4u@lemmy.world to Technology@lemmy.worldEnglish · 4 days ago
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SpaceX shares crashed below the $135 IPO price, wiping out $1 trillion since June. A scrubbed Starship launch and upcoming investor lockups triggered the selloff.
  • Art3mis@lemmy.blahaj.zone
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    3 days ago

    Im pretty sure that is what they are implying

    • MyVeryRealName@lemmy.world
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      1 day ago

      Well then, SpaceX did them no favour because they would’ve profited off their NASDAQ fund investment if not for them.

      • Art3mis@lemmy.blahaj.zone
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        24 hours ago

        No… as they said, they had already sold. If spacex never joined or they sold later, they wouldve lost money

        • MyVeryRealName@lemmy.world
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          12 hours ago

          I assumed that they dumped their NASDAQ fund because it was about to carry SpaceX.

          • Art3mis@lemmy.blahaj.zone
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            9 hours ago

            I dumped mine because of the war. Missing the spacex slump was just a plus

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