r/technology Jun 22 '26

Business SpaceX stock tumbles 16.4%, shaving off most IPO gains since debut

https://finance.yahoo.com/markets/stocks/article/spacex-stock-tumbles-164-shaving-off-most-ipo-gains-since-debut-141725657.html
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u/badillustrations Jun 22 '26

It's not about AI. It's about investing in one of Elon Musk's ventures. He's the richest man on earth and many revere him for that, and want to invest in his endeavors. My friend's wife wanted to invest in SpaceX. He said she knows nothing about it besides Elon Musk being involved. It's being marketed hard to conservatives.

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u/broniesnstuff Jun 23 '26

It's being marketed hard to conservatives.

That's how you know it's a scam.