Elon Musk’s trillionaire status at risk after drops in SpaceX and Tesla’s shares – business live
Rolling coverage of the latest economic and financial newsFinancial analyst Bill Blain of Windshift Capital sees signs that SpaceX could fall further, writing this morning:Congratulations if you successfully “stagged” out of the SpaceX IPO at the $225 top last week.Yesterday the reverse-rocket stock briefly broke lower than the $150 post-IPO opening price. The option market is bearish, hinting it could break $100 if the slide continues. There was clearly good money to be made playing the FOMO curve that erupted…
Source: www.theguardian.com