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.
So every investor who had faith in SpaceX as a central supporting column of the USAs future in space was robbed of money by the greed of wall street and SpaceX executives?
So every investor who had faith in SpaceX as a central supporting column of the USAs future in space
It’s not like they’re investing to help SpaceX or the country or whoever, they’re just as self-interested as wall street and SpaceX executives. Sucks for them they got conned, but there were plenty of warning signs it was overvalued.
So every investor who had faith in SpaceX as a central supporting column of the USAs future in space was robbed of money by the greed of wall street and SpaceX executives?
It’s not like they’re investing to help SpaceX or the country or whoever, they’re just as self-interested as wall street and SpaceX executives. Sucks for them they got conned, but there were plenty of warning signs it was overvalued.
Yeah I don’t have too much sympathy for people that see the CEO of the company doing fucking Nazis salutes and thinks “I need to get in on this!”
And they probably didn’t even say thank you for the opportunity.