sanitation@lemmy.today to Technology@lemmy.worldEnglish · 5 days agoThe average SpaceX buyer post-IPO is almost under water after two-day slidewww.cnbc.comexternal-linkmessage-square74linkfedilinkarrow-up1413arrow-down114
arrow-up1399arrow-down1external-linkThe average SpaceX buyer post-IPO is almost under water after two-day slidewww.cnbc.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 5 days agomessage-square74linkfedilink
minus-squareworkerONE@lemmy.worldlinkfedilinkEnglisharrow-up33arrow-down1·edit-24 days agoSaying the average buyer is almost underwater is another way of saying that the average buyer has made a profit.
minus-squarearchitect@thelemmy.clublinkfedilinkEnglisharrow-up8·4 days agoThe media does this constantly with Elon.
minus-squareVoroxpete@sh.itjust.workslinkfedilinkEnglisharrow-up3arrow-down1·4 days agoThey would have to realize that profit and to do that they’d have to sell. Any meaningful quantity of “average buyers” cashing out would certainly result in most of them selling at a loss as the price dips below their break even.
Saying the average buyer is almost underwater is another way of saying that the average buyer has made a profit.
The media does this constantly with Elon.
They would have to realize that profit and to do that they’d have to sell. Any meaningful quantity of “average buyers” cashing out would certainly result in most of them selling at a loss as the price dips below their break even.