Boo hoo my shares in a company owned by a fascist and with absolutely awful revenue in comparison to it's valuation are losing value just as expected
cry me a river
this post was submitted on 20 Jun 2026
69 points (98.6% liked)
Technology
85574 readers
3818 users here now
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
founded 3 years ago
MODERATORS
All of this.
So the pump dumped?
Wow. Such surprise. /s
I mean, is it really an IPO if it isn't insanely overpriced when initially offered?
Initially no, they're designed to be under so that it surges after ipo, that makes it look good performance.
Yeah, I would say it's quite usual to see a big dip right from the start. It's just hamsters for whom buying Space X is their first trade don't know about that
Great now we can write smug articles about how much Elon “lost” next week.
Good :D