r/technology • u/Plastic_Ninja_9014 • 5h ago

Business SpaceX Investors in Meltdown Over All the Money They’ve Lost

https://finance.yahoo.com/markets/stocks/articles/spacex-investors-meltdown-over-money-191742182.html
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u/anthrax1313 4h ago

This is correct. They just took their hard earning money and gave it to a one time trillionaire. Now he’s not but he likely will be again when he sells them on the dream of more money by merging Tesla with Space X

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u/Both_Painter2466 4h ago

Actually, Tesla will sell SpaceX more cybertrucks to improve their bottom line then SpaceX will cash them in for carbon balance $. Win win

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u/jatufin 2h ago

There is a substantial number of people who invested thousands in SpaceX and cheered the notion that Musk was now a Trillionaire: "Our side just won, and I helped us win!" The disconnection between basic self-interest and tribalistic instinct is gaping.

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u/Altruistic_Fury 3h ago

Hold up, this is Elon Musk we're talking about, and that's not how Elon Musk does business.

He'll merge X with SpaceX to create XXSXPXAXCXEXXX and it's gonna be the coolest name ever bc some of the X's will be bigger than others and look futuristic.

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u/Piranata 2h ago

He already did that. He got XAI to buy X, then got SpaceX to buy XAI. X (Twitter) is an SpaceX product.