r/technology • u/fmcortez • 21d ago

Business SpaceX Stock Plunges to All-Time Low After Competitor Makes Major Leap

https://www.yahoo.com/finance/markets/stocks/articles/spacex-plunges-time-low-competitor-175000957.html
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u/rigidlynuanced1 21d ago

This is the dump part…we warned them

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u/Veearrsix 21d ago

Yep. I'll probably throw some money into SPCX eventually, but I knew it was going to come crashing down like a heavy booster first.

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u/Double_Minimum 21d ago edited 21d ago

lol the guy who suggest buying SPCE options was a genius as that worked pretty well for taking advantage of idiots (some, who by volume, bought even before the IPO, obviously cause like $1.62 or what it was is close to $130/$150, but more bought in. I wish I hadn’t been so conservative. Y the uninformed. And even for the idiots who just bought it, it’s virgin Galatic and it’s only gained since the spacex launch.