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SpaceX Has Lost $1 Trillion in Value Since Its Post-IPO Peak
gizmodo.com/spacex-has-lost-1-…
SpaceX Has Lost $1 Trillion in Value Since Its Post-IPO Peak
Elon Musk's trillionaire status keeps receding into the distance.Matt Novak (Gizmodo)
And so the SpaceX share price has now dropped below the IPO price suggesting initial investors may have cashed out, selling on to those taken in by the AI hype.
Did Elon Musk organise a Pump & Dump strategy to monetise his holdings in SpaceX (alongside his familiars), while claiming that 'retail' investors could share in the future profits?;
yes it the classic case of finding the fool(s) to sell to before the price drops.
Elon says: 'ha ha, you've been had'!
"It's starting to look a lot like a meme stock." @BBCNews talked to experts about how SpaceX and its investors are faring, a month after its IPO.
The SpaceX IPO made history. One month on has it lost momentum?
A month on from the firm's stock market debut, the reality of how SpaceX currently makes money has seemed to come into clearer focus.Kali Hays (BBC News)
Featured story: Even before its first workplace death, #SpaceX saw 427 injuries and 9 respiratory illnesses fron 2022 to 2025. These injuries included concussions, burns, hernias, dislocations, crushed hands, and broken ribs, legs, and ankles. texasobserver.org/worker-death…
#ElonMusk #space #tech #safety #Texas #news
Worker's Death at SpaceX Factory Followed Hundreds of Injuries in Recent Years
A 25-year-old died last month of “blunt force trauma due to a fall.” An Observer analysis found that the injury rate at "Starbase" was well above an industry national average.Gaige Davila (The Texas Observer)
