751
SpaceX stock drops to a new low and loses $1 trillion in value in a month
(www.businessinsider.com)
this post was submitted on 18 Jul 2026
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I don't know how anyone fell for this pump and dump scheme in the first place.
I do :(. I'm also worried about which of my 401ks bought in to it too
That's the most outrageous part. The most obviously fraudulent company being given fast track to ~~s&p 500 (although I just read that decision was overturned)~~ NASDAQ100 just reeks of corruption.
EDIT: thanks for the correction. I don't know much about USA or their economic stuff.
It was NASDAQ100 that let SpaceX in. S&P 500 stayed true to their rules which includes waiting at least 1 year after IPO to include it in the portfolio