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Posted by Pepitobombito 1 day ago

Tesla and SpaceX lose over $420B in combined market cap in the two days(techlaws.pages.dev)
84 points | 62 commentspage 2
keeda 1 day ago|
Don't forget though: https://www.cnbc.com/2024/12/11/tesla-reaches-record-boosted...

> Tesla shares close at record high, boosted by 69% pop since Trump election victory

SPCX was not public back then, but I suspect it would have followed similar trends. In any case, Elon's still come out ahead. For now.

etchalon 1 day ago||
Are we really shocked when their entire IPO was predicated on AI the companies primary future revenue and American voters just told the market they're not gonna make that easy?
dmitrygr 1 day ago||
so did everyone else. so?
bagacrap 1 day ago||
Not I
Eji1700 1 day ago||
Eh while you’re not wrong everyone else doesn’t have crazy P/E ratios and a personality cult as part of its price.

Will be interesting to see how Musk and his companies weather this storm

aerodog 1 day ago|
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