SpaceX stock drops 47% from its post-IPO high after a series of launch aborts, sending a chill through the broader tech and AI market ahead of August earnings.
And most people who will click on this article don’t have a fundamental understanding of the stock market, investing, or why this isn’t really that big of a deal.
(Still, however, don’t invest in SpaceX. The stock is structured so retail investors don’t have meaningful voting rights.)
Its barely got history on the stock market so its hardly a ‘record low’. Just say the price has dipped and leave it at that.
Yeah, but that doesn’t make for good clickbait.
And most people who will click on this article don’t have a fundamental understanding of the stock market, investing, or why this isn’t really that big of a deal.
(Still, however, don’t invest in SpaceX. The stock is structured so retail investors don’t have meaningful voting rights.)
But how will we know if it’s SLAMMED or DESTROYED if they don’t say it?
is it not a record low? what if it went up for the rest of its existence. would this point in time not be recorded as its historic low point?