this post was submitted on 18 Jul 2026
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Technology

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[–] spectrums_coherence@piefed.social 7 points 1 month ago* (last edited 1 month ago)

What? A company that is making -5 billion net income lost 1 trillion in market value?!

[–] jaykrown@lemmy.world 6 points 1 month ago

The word "value" here is really subjective.

[–] FE80@lemmy.world 6 points 1 month ago (1 children)

It's going to be interesting to see what happens to the stock price the next time SpaceX blows up a test rocket.

[–] Upgrayedd1776@sh.itjust.works 4 points 1 month ago

or china and russia start disabling them in orbit

[–] Dogiedog64@lemmy.world 5 points 1 month ago
[–] mannycalavera@feddit.uk 4 points 1 month ago (7 children)

How does one short a stock? Like what is the process? Do I need a special broker?

[–] explodicle@sh.itjust.works 3 points 1 month ago

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.

[–] TronBronson@lemmy.world 3 points 1 month ago

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.

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[–] Jaysyn@lemmy.world 4 points 1 month ago

It was only ever worth that much to the absolute dumbest motherfuckers on the planet.

[–] caboose2006@lemmy.world 3 points 1 month ago

I'd be celebrating this more if it wasn't the retail investors getting screwed

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