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SpaceX sheds $400bn in market value as debut rally hits reverse – Financial Times [2026-06-22]
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Formless Oedon lemmy.ml formlessoedon@lemmy.ml
Joined: 2026-04-11
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Helix 🧬 feddit.org helix@feddit.org
Joined: 2024-07-27
#2 · Quote Reply

Oh No! Who would've thought this was the biggest rug pull in modern history?

It didn't lose value, they just transferred the money from the poors to the rich. There was little value to begin with.

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Formless Oedon lemmy.ml formlessoedon@lemmy.ml
Joined: 2026-04-11
#3 · Quote Reply

Oh No! Who would've thought this was the biggest rug pull in modern history? It didn't lose value, they just transferred the money from the poors to the rich. There was little value to begin with.

I tried to warn stateside relatives about the situation with Musk's IPOs but they just seem baffled by the idea that there is bad money in the fraud country & forgot immediately, so,

3
Melobol lemmy.ml Melobol@lemmy.ml
Joined: 2023-06-24
#4 · Quote Reply

Don't worry it will go lower. It always deops after going public.
Best bet is to short the heck out of it *not financial advice :D

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Scott sh.itjust.works scottmeme@sh.itjust.works
Joined: 2023-06-15
#5 · Quote Reply

How much did the 401k's lose?

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