I don’t know how anyone fell for this pump and dump scheme in the first place.
I do :(. I’m also worried about which of my 401ks bought in to it too
Check the top holdings for the funds you’re invested in using a service like Morningstar or just search the web for “<your fund’s ticker symbol> holdings”. You may have little to no exposure to SPCX. If you do, you can research the other funds offered in your plan the same way and hopefully find something that you find more suitable.
Hey you condescending asshole, they literally changed the rules to allow this into the indexes.
This is the sort of news that achieve nothing and only give this guy visibility
Sell side stock news is usually made to help retail investors lose money. They will pile on to this thing for a few more weeks then reverse it back up to 3 trillion. Rinse wash repeat. And you have infinite money generator 2.0
Insider trading 101 right here
That’s because it was severely over valued for a company that produces no product and makes no profit.
To be fair it was a solid pump and dump.
You mean creating a worldwide communication system that has to be completely relaunched every half decade that is the exact opposite of profitable isn’t sustainable!?
Actually the Starlink division itself is profitable.
The unprofitable part is Twitter and xAI which got merged in right before the IPO.
SpaceX was actually on the path to being quite profitable, but then Musk tried to hide his two biggest money sinks inside it.
