SpaceX shares fall below $135 IPO price
The stock has fallen over 10% since its listing on the Nasdaq on June 8.
Emily78lol, Y'know why? Because Elmo Musk is a drug addled conman. But the crackheads on Wall Street ate up his BS like candy. "SPCX isn't a rocket company, it's a ISP - no, wait, it's an AI company - no, hang on, it's a chip maker." Investors just put down the pipe and stopped believing the hype.
Bill Mauldin27Just wait until he loses his government subsidies and contracts 🤪😂
zoophagous.bsky.social17And insiders are still locked up. Here's hoping for sub-100 before the lock-ups end.
Starteller12If Musk does poorly, I’m happy!
dave48.bsky.social12Shocker. Not like everyone wasn't warned it was waaayyyy over priced.
The Resistance CO7Not far enough. Short that until it’s a penny stock.
📎 Otto Von Danger6Investing in a Company that only loses money is pretty stupid.
Jay6My guess is his loyalists can’t afford to keep two of his companies stocks flying high. 🤷♂️
Groucho’s ghost - Abolish ICE - Out of Iran Now5No surprise. It’s another worthless Musk meme stock. Promise the world. Deliver nothing. Pocket dumb investor’s money.
el gatito5Não está a conseguir lidar com a concorrência.
*SPACEX SHARES FALL BELOW $135 IPO PRICE FOR FIRST TIME
elizabeth-whalen.bsky.social8It's almost as if building data centers in space wasn't actually a viable business. How could that possibly be?!
Concepts of a Rae6Can’t wait for him to tweet through it.
gerrylev.bsky.social6Elon is going to have to announce something magical is coming soon. Time Machine?
Witty Librarian Resistance5it never should have been priced that high! damn the markets: they rigged it all for him, and now a number of funds that were forced to buy that stock are paying the costs.
Elon will announce self-driving robotaxis in space.
Sky Marchini183I swear to god spaceX being the top tick of the market would be just too perfect. Can’t bring myself to believe it
JLRay89can't believe "i have a fishing boat, therefore my company has the potential value of all the marine life in the world" isn't the iron-clad appraisal of value it aspires to be
WildPartyInviteDecliner20Since 2020 a lot of people have pretended there's unlimited dollars available for investing and that's never been true. At a certain point, you run out of dumb money.
Jimmy Thomson5And the employee locked-in shares can't even be sold yet 👀
The Capybaron5How's that bag feeling, holders?
Josh4That’s quite a crash, but they’re used to that sort of thing
donnie harrison3It was all good just a month ago
james_polls2That’s more than -40% from its all time high of $225! $SPCX #SpaceX
Nicholas Sarwark2Elon Musk is profoundly stupid. Line go down.
I along with other Americans & foreign people, could care less if SpaceX was 3% away from going totally bankrupt...Greedy pigs like him need more wake up calls!! finance.yahoo.com/markets/stoc...
