sanitation@lemmy.today to Technology@lemmy.worldEnglish · 1 month agoSpaceX Stock Plunge Wipes Out $600 Billion After Cursor Deal Spooks Investorswww.forbes.comexternal-linkmessage-square151linkfedilinkarrow-up1634arrow-down111cross-posted to: news@lemmy.worldtechnology@lemmit.onlineusa@midwest.socialusa@lemmy.ml
arrow-up1623arrow-down1external-linkSpaceX Stock Plunge Wipes Out $600 Billion After Cursor Deal Spooks Investorswww.forbes.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 1 month agomessage-square151linkfedilinkcross-posted to: news@lemmy.worldtechnology@lemmit.onlineusa@midwest.socialusa@lemmy.ml
minus-squareholy_scroller@lemmy.ziplinkfedilinkEnglisharrow-up43·1 month agoThey diluted the stock 3.4% in less than a week of trading 🤣. Invest with Musk at your own risk.
minus-squareProve_your_argument@piefed.sociallinkfedilinkEnglisharrow-up13·1 month agoIt was already stupidly diluted. Dumbest investment out there with only one way to go.
minus-squareEcho Dot@feddit.uklinkfedilinkEnglisharrow-up7·1 month agoThis is actually Elon Musk’s fault (that felt wrong to say), the company should never have been valued so highly anyway that was stupid. As far as I can tell Musk hasn’t actually done anything.
They diluted the stock 3.4% in less than a week of trading 🤣. Invest with Musk at your own risk.
It was already stupidly diluted. Dumbest investment out there with only one way to go.
This is actually Elon Musk’s fault (that felt wrong to say), the company should never have been valued so highly anyway that was stupid. As far as I can tell Musk hasn’t actually done anything.