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-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.
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.