FoxtrotDeltaTango@sh.itjust.works to News@lemmy.world · 13 days agoSpaceX Stock Plunge Wipes Out $600 Billion After Cursor Deal Spooks Investorswww.forbes.comexternal-linkmessage-square21linkfedilinkarrow-up1132arrow-down13file-textcross-posted to: technology@lemmy.worldusa@midwest.socialusa@lemmy.ml
arrow-up1129arrow-down1external-linkSpaceX Stock Plunge Wipes Out $600 Billion After Cursor Deal Spooks Investorswww.forbes.comFoxtrotDeltaTango@sh.itjust.works to News@lemmy.world · 13 days agomessage-square21linkfedilinkfile-textcross-posted to: technology@lemmy.worldusa@midwest.socialusa@lemmy.ml
minus-squareFirstCircle@lemmy.mllinkfedilinkEnglisharrow-up13·13 days ago Shares of SpaceX declined by more than 6% to just under $179 as of Thursday afternoon Morningstar analysts lowered its fair value estimate for SpaceX to $62 from $63 Plenty of room to fall.
minus-squareCharlesDarwin@lemmy.worldlinkfedilinkEnglisharrow-up2·13 days agoHonestly, what should happen is that it absorbs Tesla, then drops to about $10 share.
minus-squareEinskjaldi@lemmy.worldlinkfedilinkarrow-up2·13 days agoSpaceX can only make enough money for that kind of valuation if it can get major returns from mining in space.
Plenty of room to fall.
Honestly, what should happen is that it absorbs Tesla, then drops to about $10 share.
SpaceX can only make enough money for that kind of valuation if it can get major returns from mining in space.