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.
Or it could find a support level. Who knows? Musk may be worthless, but the company isn’t. There is some stable valuation. Panic selling is a buying opportunity — assuming you like gambling and want to invest in that asshole’s companies.
I mean, it might drop further, there’s probably going to be a bunch of automated panic selling.
Or it could find a support level. Who knows? Musk may be worthless, but the company isn’t. There is some stable valuation. Panic selling is a buying opportunity — assuming you like gambling and want to invest in that asshole’s companies.
considering Musk’s lockup period is the last (and largest) to end, my $ would be on it pumping before then