• HobbitFoot @thelemmy.club
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    8 days ago

    SpaceX had a lot of investors looking to cash out post IPO. Try may have been prevented from cashing out during the IPO, but are now free to dump the stock.

    • BreakerSwitch@lemmy.world
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      7 days ago

      The secondary hump going up is presumably SpaceX being entered in NASDAQ indexes, which they recently changed the rules for spacex and other AI companies. It’s a direct drain on most retirement funds in the country, and another calculated move to steal from the middle class to give to billionaires a trillionaire