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It's down to the balance between buyers and sellers. If you've got more selling than buying it'll go down but Musk has been remarkably good at keeping the buyer
by tim333 4mo ago
It's down to the balance between buyers and sellers. If you've got more selling than buying it'll go down but Musk has been remarkably good at keeping the buyers there.
- _DeadFred_ 4mo agoDon't forget the amount of shares released to the market. That impacts the price dramatically as can be seen be all the 'stock buyback' manipulation of stock prices.
- tim333 4mo agoIndeed. There's bit of a funny effect just now because the various index funds are having to buy into SpaceX so their funds match the index and apparently that's ~$14bn of forced buying at a time when there are not so many sellers.