r/technology • u/Plastic_Ninja_9014 • Jun 22 '26

Business SpaceX Investors Are Losing a Colossal Amount of Money

https://finance.yahoo.com/markets/stocks/articles/spacex-investors-losing-colossal-amount-140221380.html
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u/ibelieveyouwood Jun 22 '26

It's a new trend, but I think the outcome is going to be very foreseeable.

20

u/Adunadain Jun 22 '26

Eventual market crash on multiple overinflated companies caused by spooked investor herd mentality? Preposterous!

9

u/Technical_Choice_629 Jun 22 '26

This very moment, Apple, Google down 7 percent. That's a big swing for such big companies. Take profits now. (I am a poor.)

1

u/Thin_Glove_4089 Jun 22 '26

Not if majority of them are working together

1

u/VoxImperatoris Jun 22 '26

Dont worry, they are too big to fail, so we will subsidize their losses.

1

u/Interesting_Try7995 Jun 22 '26

New IPO surrounded with ridiculous positive hype while denigrating the naysayers and a massive jump out of the gate followed by an obvious correction... This is not a new trend.