Elon Musk Has Lost This Much Money as SpaceX, Tesla Stock Tank
Recent stock declines for Tesla and SpaceX have cost Elon Musk billions of dollars, stripping him of his short-lived trillionaire status.
FrankOHavok
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- The best investment I made this year was my investment in genuine social connection. I took up Airsoft and spent money on gear to lend to friends who can now join me. I also took a gamble on going out to a disco, taking the bus in the freezing cold and putting myself out there in a way that my programming has long warned me against. I did spent some $80 on several nice drinks, one of which included brine and a pickle garnish (making it technically a snack), necessitating some financing.
- Musk is a drug-addled, apartheid-loving, child-abandoning **head who bought Twitter so he could make it more flattering to himself. Anybody believing his toy rocket company will go to the moon (when they literally reneged on going to the moon for NASA) is on some strong stuff.SpaceX’s Stock Rebounds After a Brutal Losing Streak — Can Starship’s Next Launch Trigger a Major Comeback?
SpaceX’s Stock Rebounds After a Brutal Losing Streak — Can Starship’s Next Launch Trigger a Major Comeback?
- Elon apparently wants you to believe he's been to the future. I want some of whatever he smoked to go there.SpaceX Surges over 7%. Elon Musk Has a Dire Warning for SpaceX Stock Short Sellers
SpaceX Surges over 7%. Elon Musk Has a Dire Warning for SpaceX Stock Short Sellers
$SpaceX(SPCX)$ stock is trying to snap a seven-day losing streak on Tuesday. Things are starting out well.Shares of Elon Musk’s rocket and AI company were up 7.17% at $128.44.The move comes after a... - She truly has an incredible talent for losing people's money. I wish I could get such a sweet job. I can pick losing stocks and average down on them like the best of em.Cathie Wood buys SpaceX dip after stock sinks to post-IPO low
Cathie Wood buys SpaceX dip after stock sinks to post-IPO low
Cathie Wood’s ARK Invest has bought $18.3 million of SpaceX shares after the stock fell 5.43% to a new post-IPO low, according to the firm’s July 17 trading report.ARK Invest bought $18.3 million of SpaceX shares after the stock hit a post-IPO low.Four ARK ETFs acquired 147,623 shares as SpaceX closed 8.2% below its IPO price.SpaceX delayed Starship Flight 13 after two Raptor engines failed during pre-flight testing.According to ARK’s daily disclosure, four of its actively managed exchange-traded funds purchased a combined 147,623 SpaceX shares as the stock closed Friday at $123.99. During the session, shares dropped as low as $122.12.ARK adds to its SpaceX position below the IPO price. As crypto.news previously reported, ARK bought roughly $52.1 million of SpaceX shares during the week ending July 10 through the ARKK, ARKQ, ARKW and ARKX funds. Data from Ark Invest Tracker showed that those purchases lifted the firm’s investment since the June IPO above $475 million.Commenting on the - Believers in Musk, what do you really see?Tesla Stock is Waiting for Godot
Tesla Stock is Waiting for Godot
In Samuel Beckett's Waiting for Godot, two characters, Vladimir and Estragon, spend most of the play waiting for a mysterious Godot, who doesn't arrive.That's a little like the situation... - For SPCX to ever be profitable it will need to.amake Elon's fever dream of orbital data centres come true. Unfortunately for buyers, it's magical thinking just like the Mars colony we were promised would be operational 6 years ago. The economics make no sense. Earth is full of land, water and energy. Even a small satellite is costly; mass exponentially increases the cost to orbit. A space travel company should understand this, but Musk has been ripping his special bag of rocket fuel too frequently to check whether his fantasies make sense. A satellite cannot cool itself without massive radiators. It cannot power itself without massive solar arrays which are inherently intermittent. It cannot transmit data without added delay and transmission costs. It precludes economic maintenance or
- Absurd that financebros believe that orbital data centres are plausible. More expensive to deploy, cool, maintain; dangerous, laggy, pointless.SpaceX Just Launched Its First Bond Sale. The Stock Market Doesn't Like It
SpaceX Just Launched Its First Bond Sale. The Stock Market Doesn't Like It
$SpaceX(SPCX)$ stock sank Monday. The shares have lost some magic after the company’s mega IPO as investors digest news of a new bond offering.SpaceX said Monday that it would issue its first...
