Elon Musk woke up to the worst news of his life... Keith Edwards

[2naSalit]

Keith Edwards reacts to the stunning fallout of SpaceX's historic 16% single-day market crash. Keith breaks down the pure panic inside the company after analysts sounded the alarm on an aggressive, multi-billion-dollar bond issue designed to fund massive AI infrastructure, proving to everyday investors that Musk’s habit of running his companies like personal sandbox piggy banks is officially blowing up in his face on the global stage.

[House of Roberts]

1. So, is he no longer a trillionaire now?

[SCantiGOP]

3. All of the money he made from the IPO

is still in his pocket.
And the stock went up 1% today, so the sensationalist headline is just typical clickbait.
I detest Musk and what he stands for, but that doesn’t make me a fan of hysterical misinformation.

[usonian]

2. But investors are SUPPOSED to be left holding the bag.

Capitalism, comrade.




More FAFO's here:

https://www.democraticunderground.com/100219770873

Lotsa Elons, by the way.