Elon musks ketamine fantasies about space lasers and mars colonies is crashing. Down 30%in 1 week. At this rate, he will be the first man to lose a trillion dollars in wealth i a few months.
>>537637893Nature is healing
spacex is worth $400T dollars so this is a bargain. cathie woods has a target price for this to be $1000 by EOY
>>537637921delusional
>>537637893>the thing everyone said would happen>the thing that happens to every overvalued IPO everOver a dozen threads today. /pol/ is by far the lowest IQ board. Fucking brown subhumans.
I dont get these threads it doesnt matter if the stock crashes by a couple % that just signals the dump so investors cash out. Give it a couple weeks/months and you will see a new rally up to +50% when new bag holders come in. You completely miss the point of these stocks.
>>537637946shut the fuck up nigger, elon is christ
>>537637893>we could have had a space-faring civilization but retards sold stock for monopoly money insteadmany such cases
A few weeks ago, a bunch of fools on the Chinese internet were frantically searching for ways to transfer money from China to US bank accounts.All just to buy shares in ‘Stupid X’.They believed Musk was the light of humanity.And they thought the Chinese government was the villain standing in the way of their fortune.They thought they could get rich overnight.Now, this bunch of idiots has gone completely quiet.
>>537637983
>>537637893Where did all the MUTTIDF shills and MIGA trannies go after insisting in thousands of their shill threads that this would never happen and investing would be like free money?
>>537637893It shouldn't be more than $5 it's still 30X overvalued.
>biggest IPO in history is a rugpullrepublicans should never be in charge of anything ever again except for digging their own graves
>>537637981investing requires a steady and generous income at first so you can reach escape velocity. without a very good salary you won't get anywhere with investing really./pol/ is nowadays 50+% third world shitskins who don't have that, so for them it's all about get rich quick scams. unless they can do shit-coin tier numbers within a few days, even massive proportional gains still only result in 20 bucks more
>>537637981Have you even seen the stock dump schedule. Only about 5% of stock is on the market so far. What happens when more and more land on market every month. This shit is going to $10 a share. And then ill buy a hundred shares maybe.
>>537637893all the experts said you can buy it for half price if you just wait, this is normal
>>537637893because the data centers wont be in space. they never needed to be in space. they will just pollute our atmosphere and whoopsie thats not good for humans oh well
>>537637893>zoomers first major ipo Yes this is what happens
It is not a "space company". It's an AI slop company. They based this evaluation entirely out of a ketamine fueled hallucination that apparently said Grok is worth 27 trillion dollars.
>>537637893the coin clippers must pay for this
>>537638025Unlike most men who are poor and unloved...
>>537637893This.>>537640244It got a lot of press so people speculated into it. That drove the price up and now the pump and dump squad are selling to take a quick profit. That doesn't mean the stock won't go back up or that its crashing.
>>537638274They were supposed to keep it pumped up a lot longer than this, it might rebound but for such a small percentage offering it sure is taking some big haircuts.
>>537637921>cathie woods has a target price for this to be $1000 by EOYAh shit, it's going to zero.
>>537637893isn't this exactly what happens after an IPO?
>>537637893>Elon musks ketamine fantasies about space lasers and mars colonies is crashing.imagine feeling joy watching the only american company that does cool shit that people care about lose imaginary money.
>>537637921>cathie woods has a target price for this to be $1000 by EOYRetail investors rushing out to hold bags hearing this. Pretty much every single IPO I have ever seen has a nosedive at the start when initial investors all cash out, makes me wonder if any IPOs have ever been up in their first 3 months.
>>537637893YOU LOST TRANNYHEIL ELON MUSK o/
nigga he GOT the money already. he SOLD shares at 135. he doesn't lose money when it goes down.
>>537637893Lose money? He's the one shorting it
>>537637893What I hate about these situations is I know for sure there's a way to make a ton of money I just don't know what that is until after it's over. Can we reverse Gamestop this? Millennials and zoomers vs Boomers and Xers except this time we're the ones shorting?
>>537637893Crashing just like his rockets
>>537643600>Elon shorting his own IPOTop kek, gigabased if he did that though.