What? A company that is making -5 billion net income lost 1 trillion in market value?!
Technology
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
The word "value" here is really subjective.
It's going to be interesting to see what happens to the stock price the next time SpaceX blows up a test rocket.
or china and russia start disabling them in orbit

How does one short a stock? Like what is the process? Do I need a special broker?
If you think the whole stock market looks like a bubble right now, you could invest in commodities and wait for the crash indefinitely.
IMHO it's better to not trust the stock market at all. It's a big club and we ain't in it.
You have 3 options. 2 are options. You can buy a put contract. You can sell a call contract, or you can just sell shares you don’t own. All of these require special permissions from your broken as they each come with their own fun risk profile.
It was only ever worth that much to the absolute dumbest motherfuckers on the planet.
I'd be celebrating this more if it wasn't the retail investors getting screwed