Oh cool, literally exactly as I predicted 23 days ago.
https://www.businessinsider.com/spacex-stock-drops-new-low-ipo-price-starship-launch-scrubbed-2026-7
I hate to say I told you so. But I literally did tell you so.
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@Lana
Except, as per the article, the "value" didnt "evaporate"- there wasnt any value to start with and someone(s) cashed out while others were dumb enough (or were forced to, see:NASDAQ) to hold on to the stock for the ride down.
Yup, and as it slides into the abyss, index funds will continue to pump their investor's money in as insiders continue to dump. It is the heist of the century...
https://mastodon.online/@mastodonmigration/116693076252134433
