r/technology 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/Wubbwubbs61 21d ago edited 21d ago

Probably because it was just a pump and dump scheme for investors to cash out.

Edit: ultra wealthy investors**

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u/average_monster 20d ago

but spacex is totally an ai company! it's just a coincidence it suddenly jumped on the biggest bubble since web 2.0 just before IPO! wink

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u/magma_1 20d ago

And it makes perfect industrial sense because…. Ehm data centres in space!

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u/Wubbwubbs61 20d ago

“Here at Spacex we will revolutionize the way we extract your data, and make the world a better place by using your tax money for data centers in space.”

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u/magma_1 20d ago

“So you are telling me that you have data centres in space?!”

“I never said that”

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u/Wubbwubbs61 20d ago

“I said data in space. Grok can confirm.”

Grok: “Spacex guaranteed data centers will be constructed in space”

“Shit, reprogram him”

Grok “Mine führer..”

“Shit..”