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Now do TSLA.
Meme stocks are meme stocks
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.
But how will we know if it’s SLAMMED or DESTROYED if they don’t say it?
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.)
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?
For a good laugh have a stroll through the yahoo finance comments. It's bounced back up to 126ish now. The hooting noises are just...so funny to hear.
Ha, eat shit Elon.
It can go lower!
not low enough
First round of insider shareholders haven’t legally been allowed to even liquidate yet. This will be a bloodbath.
do we know when that's gonna happen? i heard they used some loopholes to allow insider holders to sell early.
It's more a question what'll happen to the other AI companies. Investors have now seen the first of the big ones tank. They'll wonder if the same will happen with OpenAI, Antrophic and other AI adjacent like Microsoft, Nvidia. For a bunch of companies living of venture capital, that's deadly.
I thought SpaceX made space rockets?
After the merger with xAI, that's about 22% of their business. The rest is AI. The brochure will tell you about reaching for the stars and living on Mars, but the main product is actually Grok.
Which just goes to show you how bullshit the profit margins are on space travel when they gotta turn the business into a chat bot to be "profitable"
I mean the only part of SpaceX making money is the space part, starlink
That's the part making revenue, we're unsure if it's making a profit.
I was wondering why the stock price was so high. Makes a lot of sense now.
some people say it's august 8 then august 20
Does anyone say it on a platform that I'm willing to access?
Gonna go grab my rubber ducky.
Not tech, but good news nevertheless :D
Musk announced on social media that “Grok for Excel is live,” referencing the platform’s conversational AI tool.
Hahahahaha wtf is this shit?
No, you don't get it, Musk has a plan.
- Step 1: It fails utterly and completely.
- Step 2: Musk goes on Twitter/X, and says, "Had to add more math to training data."
- Step 3: CSAM and MechaHitler for some reason.
- Step 4: Musk demands to speak to Grok's manager.
After that, it's basically a straight line to success.
Sounds like a great plan. I’ll get my popcorn. 🍿
Tankin the economy with one easy trick!
Never thought I'd need to specify a vlookup needs to be 18+ only
Oh no! Anyway.
To shreds you say?
And how's his fifteenth incubator?
To shreds you say?
Buttlicker, our price have never been lower!
Son you'll have to speak up I'm a bit hard of hearing
HE SAID THINGS ARE MFING CHEAP RIGHT NOW. AROOOOOO
Bears, beets, Musk's fake hair
Lmao
This is expected for a stock like this. What we’ll now be able to see in the next few months is where the real valuation stands.
Not sure Iif I understood it correctly, but consumer indices may already have bought overpriced shares
35 bucks more or less.
Hope somebody here shorted 1000 shares the day they hit $220.
There's been 3 or 4 IPOs now, where ive wanted to buy puts for 6m to 1y out when I see a peak like that, and im always afraid to pull the trigger.
In this case i saw it hit 220, and come back down to 200ish, and I said if it goes back to 220+ ill get a few.
It never went back up.
Maybe next IPO.
Do we have a wsb community?
I don't think we're good enough at shitposting... We're probably mostly theta-gang They said, I got a monthly put position in on spcx's fall, made my 40% and got out
One successful launch and it will be up to $350. The stock market is illegitimate.
Looks like there’s a starlink launch later today, and then a satellite resupply mission, both on Falcon 9s. Which is good because the falcon 9 is an incredibly reliable launch platform that should boost investor confidence.
And then on Thursday they’re gonna blow up another starship.
So we’ll see it tick up today and tomorrow, and then probably plummet again when investors see roughly $1,000,000,000 get turned into literal ash on livestream.
Who’s ready to watch the rollercoaster?
BFW! Stock market! Lots of guys with rat cunning, ripping each other off
- TISM
So at what point should we start slowly pulling money out of banks for the inevitable collapse
It probably won't matter as much, your best bet is to put it into useful assets while the money still has spending power.