To The Moon

$Meta Platforms, Inc.(META)$For years, the stories of electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA), social media and metaverse business Meta Platforms (NASDAQ: META), and e-commerce giant Amazon (NASDAQ: AMZN) were tales of unencumbered growth. Yet, as they say on Wall Street, trees don’t just grow straight to the heavens. Sooner or later, even the biggest companies must encounter setbacks – and when they’re gigantic corporations, the losses can be absolutely staggering.

In other words: The bigger they are, the harder they fall. Granted, we might not feel too sorry for multi-billionaires like Tesla CEO Elon Musk, Meta Platforms CEO Mark Zuckerberg, and Amazon Executive Chairman Jeff Bezos when they sustain financial losses. After all, they still have massive hoards of money and property; they’ll be just fine, no doubt, even after losing billions of dollars.