2 ms·
I doubt it will ever become a $1T company ever again.
by moezd 3mo ago
I doubt it will ever become a $1T company ever again.
- vidarh 3mo agoIt's market cap is still closer to 2 trillion than 1.
- m463 3mo agoso was the comment that it wouldn't grow, or wouldn't shrink. :)
- hx8 3mo agoSpaceX is still a $1.6T company measured by the sum total paper value of all of its stock. Its stock would have to go down another 40% from today's value before it is not "a trillion dollar company." It could grow, it could shrink, but it seems like the root comment misunderstood the headline by thinking it's current market cap is <$1T
- deleted 3mo ago[deleted]
- reverius42 3mo agoYou could also read it as "it will never go down as low as $1T again".
- axus 3mo agoThe market might remain rational longer than Elon Musk can stay solvent.