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Tech giants lose $2T in SpaceX's IPO month

Posted by 01-_- |an hour ago |4 comments

khurs 35 minutes ago

Tech Giants don't lose it as such, the owners of the shares do. Many of them ordinary people caught up in it - as the big boys pump it up, employ people to post on message boards online to hype it up and then get out first with the profits.

For the tech giants, it was just free money as the shares went crazy

AFF87 an hour ago[2 more]

I guess we will see the appetite for mega IPOs go down now. Great for the first mover, the rest are now stuck until 2027 and we forget about SpaceX