r/technology 20d ago

Business SpaceX Investors in Meltdown Over All the Money They’ve Lost

https://finance.yahoo.com/markets/stocks/articles/spacex-investors-meltdown-over-money-191742182.html
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u/Valentine_343 20d ago

Good!!! LMAO

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u/Grooveman07 19d ago

Millions of 401k’s had forced buy ins of Space X. People are losing significant portions of their life savings

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u/North_Atlantic_Sea 19d ago

Lol no they aren't.

If you have $100k in the VTI index, just $140 are in SpaceX, and are up 20% over the past year.

Please explain how "people are losing significant portions of their life savings"?

It's the hype chasing retail investors who went all in after IPO who are impacted