Elon Musk Loses Record $350bn As Spacex Slumps - Business (2) - Nairaland
Nairaland Forum › Nairaland General › Business › Elon Musk Loses Record $350bn As Spacex Slumps (12313 Views)
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by PulaPower: 9:39pm On Jun 23 |
Raymondfayowole:Market manipulations bro The money wey drop, nah inside some peoples account e drop enter. The money is not Elon’s money, it’s investors money.. Collect money from some investors, give ham to your cronies.. |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by Sccarrr(m): 9:39pm On Jun 23 |
Paper wealth....Money wey d value dey inside paper....mtchew ![]() |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by SamuraiXXX: 9:40pm On Jun 23 |
PulaPower:Stop calling his explanation jargons, give your own let us hear |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by SamuraiXXX: 9:45pm On Jun 23 |
Belurved1:That he lost $350 billion does not mean he has become poor already, at his current level he is still very wealth |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by Gboss247(m): 9:52pm On Jun 23 |
Ipobfraud:Bamboo, Trove and co |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by Gboss247(m): 9:54pm On Jun 23 |
TruthU87:CFD investors who shorted this stock has made tons of money. |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by faceland: 9:55pm On Jun 23 |
Elon the greatest scammer that ever lived. Probably have bought the Nairaland people and help them embed Twitter on the forum so I expect a ban now from moderator. 🖕🏿 |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by faceland: 9:56pm On Jun 23 |
SamuraiXXX:That is 25% of the GDP per year of Canada. Elon has fake trillion dollar. |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by Gboss247(m): 10:01pm On Jun 23 |
Uhtred:When they buy back, the market becomes bullish. |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by Mountbatten: 10:03pm On Jun 23 |
geoworldedu:You won't even make a quarter of the tax on that. Stop kidding yourself |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by Mountbatten: 10:04pm On Jun 23 |
Gboss247: I roll my eyes whenever I hear this term "bullish". You lot won't ever make anything substantial because you don't have insider information. Stop pretending to be something you're not using these lame buzzwords. |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by geoworldedu: 10:05pm On Jun 23 |
Mountbatten:Na u be me? Abeg leave me make I think of the way forward jare ![]() |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by Bbb007: 10:07pm On Jun 23 |
givedemwotowoto:Read financial news sites to learn how stock work. The first investors wont be able to pump and dump and pump again, their investment is luck until months 6(six) that's when they'll be able to sell their stock. It's a commitment, not your gambling thoughts, us stock doesn't work as your gambling mindset thought. |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by FrancoLee001: 10:08pm On Jun 23 |
So he's back to millionaire right? Elon musk boys go feel am for benin o! |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by Raymondfayowole(m): 10:15pm On Jun 23 |
PulaPower:It's similar what the poster explained. wanted to be sure if theres a different view for the reason. |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by Belurved1(m): 10:16pm On Jun 23 |
Well, you have every right to think that way; I can't blame you. But the reality is that you can't talk as if he has nothing to fear. A loss is a loss, regardless of how wealthy someone is. So, just because he's a trillionaire, does that mean losing $350 billion is nothing? SamuraiXXX: |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by Artsbeat(m): 10:18pm On Jun 23 |
Too much money |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by dawnomike(m): 10:19pm On Jun 23 |
givedemwotowoto:You are very right!!! |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by frankblinkz(m): 11:55pm On Jun 23 |
peleson1:I swear many won't understand, it's really deep |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by jaxxy(m): 12:37am On Jun 24 |
Duplex90: Dogalmighty17:One Elon is good at is proving doubters wrong. He did it with Tesla now everyone is making electric cars even rolls royce and benz. 2ndly Spacex has been a private company for years and successful way b4 trump came into office. Elon specialiies in lofty and impossible goals. |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by franugo(m): 1:08am On Jun 24 |
Duplex90:Una dey like talk wetin una no know for here, it's so irritating
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| Re: Elon Musk Loses Record $350bn As Spacex Slumps by faceland: 1:12am On Jun 24 |
Duplex90:The guy gets $4 million EVERY DAY as government subsidy... If he was black or a Nigerian, he would have been thrown in jail long ago. Elon is the greatest yahooboy that ever lived. |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by faceland: 1:14am On Jun 24 |
franugo:That is the scam. When it fails, he claps and gaslight you that it was successful. I pray all his fans and all racist sell all these have and put it on SpcaeX IPO. may be that would clear your eyes. |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by bluefilm: 2:18am On Jun 24 |
Who cares? These figures do not move me anymore |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by TossTos(m): 3:13am On Jun 24 |
givedemwotowoto:Exactly 💯🎯 Watch as the Imbalances left behind by the sold off , got refilled and investors reclaimed their position in the very near future .... |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by TrainPark: 4:20am On Jun 24 |
You are smart. The problem with Spacex is that the value at public offer was seen to be grossly over-exaggerated to almost over 75X the company's revenue profile. SpaceX is not making profits, so is X (twitter) , t SolarCity is also loosing money with only Starlink making some money. The IPO just helped his private investor friends to cash out at the expense of the rest while the market forces decide rhe true value of the shares in the companies that are essentially loosing money today givedemwotowoto: |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by MasterTeeUSA: 5:49am On Jun 24 |
If only it was this simple 1. The Rich get inside information to buy or sell so they cant lose. 2. They have super computers and can trade faster than you..so they can buy and sell massively before your small trades goes through. 3. Yes, some are allowed to buy before it goes public...again inside information ..who you know and what you know. Stock Market is not a game for poor and average people. Don't be fooled. It is best you use your small money to invest in real estate jejeli until you have enough to play with the Big Boys. givedemwotowoto: |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by hush15: 6:10am On Jun 24 |
givedemwotowoto:My own this APC for life girl who is now the symbol of vote buying. Chai... |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by Legitbeauru: 6:24am On Jun 24 |
givedemwotowoto:At the bolded, this is what happens in an unconventional and unregulated trades like crypto, but in stock and other regulated trades, companies use certain business structure models to prevent unreasonable selling of shares. Don’t forget one of the purposes for issuing private placement is to facilitate a project for the company, and if after investors have contributed towards the project only to take it back after the launch of an IPO. That would be counterintuitive. Because practically if they are allowed to do this , where would the company see money to complete the project they plan on using the money gotten from the private placement and IPO from ? |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by Inosky: 6:56am On Jun 24 |
givedemwotowoto:What was the price at IPO? |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by belikewater: 7:57am On Jun 24 |
Space is a hoax people! We are in an enclosed system...there is an impenetrable firmament above and around us! |
| Re: Elon Musk Loses Record $350bn As Spacex Slumps by boxypane: 10:57am On Jun 24 |
He lost what would have made 350 persons billionaires... |
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Amen.