SpaceX stock drops 47% from its post-IPO high after a series of launch aborts, sending a chill through the broader tech and AI market ahead of August earnings.
I don’t think the price of space x shares matter at all to someone who didn’t know it released recently. And if they decided they suddenly do care, they could just open the article and read it.
It’s useful because it’s literally true. The stock hit its all time low. That interesting if the stock is decades old, and it’s interesting if the stock is weeks old. Whatever a person imagines has no bearing on any of that.
And most people who will click on this article don’t have a fundamental understanding of the stock market, investing, or why this isn’t really that big of a deal.
(Still, however, don’t invest in SpaceX. The stock is structured so retail investors don’t have meaningful voting rights.)
Its barely got history on the stock market so its hardly a ‘record low’. Just say the price has dipped and leave it at that.
If it’s the lowest it’s been to date, it’s literally a record low. Calling it that is accurate and usefully descriptive.
How is that ‘useful’? If you had zero prior knowlege you’d be forgiven for thinking they had been trading for decades.
I don’t think the price of space x shares matter at all to someone who didn’t know it released recently. And if they decided they suddenly do care, they could just open the article and read it.
It’s useful because it’s literally true. The stock hit its all time low. That interesting if the stock is decades old, and it’s interesting if the stock is weeks old. Whatever a person imagines has no bearing on any of that.
But how will we know if it’s SLAMMED or DESTROYED if they don’t say it?
Yeah, but that doesn’t make for good clickbait.
And most people who will click on this article don’t have a fundamental understanding of the stock market, investing, or why this isn’t really that big of a deal.
(Still, however, don’t invest in SpaceX. The stock is structured so retail investors don’t have meaningful voting rights.)
is it not a record low? what if it went up for the rest of its existence. would this point in time not be recorded as its historic low point?