stermy4u@lemmy.worldBanned from community to

Technology@lemmy.worldEnglish · 1 month 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

stermy4u@lemmy.worldBanned from community to

Technology@lemmy.worldEnglish · 1 month ago

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.

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NotMyOldRedditName@lemmy.world
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1 month ago
Usually around 6 months, but they pulled some shenanigans to make it shorter somehow, but i dont really know the specifics in this case.
- ExcessShiv@lemmy.dbzer0.com
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  1 month ago
  Those shenanigans being “corruption” in this case.
  - NotMyOldRedditName@lemmy.world
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    1 month ago
    I wouldn’t rule out possible blackmail or extortion either.

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