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Technology@lemmy.worldEnglish · 9 days 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.world to

Technology@lemmy.worldEnglish · 9 days 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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boonhet@sopuli.xyz
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9 days ago
Yes, but that doesn’t mean it was a trillion dollars that changed hands, or even anywhere close to a trillion necessarily.

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