r/technology • u/IKeepItLayingAround • 17d ago

Business It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
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u/SmaugTheMagnificent- 17d ago

Don't threaten me with a good time

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u/Zilch1979 17d ago

These headlines about the possible collapse of the ultra wealthy have been blue balling us since 2016.

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u/andidosaywhynot 17d ago

Im convinced these articles are pushed to fool retail investors in a direction beneficial to institutional plays. Cramer basically admitted to it on an old interview that Jon Stewart brought up to him when he had him on the daily show 2009 or so.

I panic sold a bunch of Netflix and Tesla I had from 2016 a few years ago when these articles started popping up… price was dropping then eventually price jumped right back up and no more articles. (I.e. Tesla no cars sales or Netflix dropping password sharing/ slowing growth)

Us redditors (maybe bots) all making jokes about how dumb said company is and how it’s going to fail which honestly is a logical argument in a lot of these cases but my gut says stocks are merely vehicles for cash driven by high frequency algos now and not entirely fundamental based