31 pointsby abduhl5 hours ago4 comments
  • dhruvyads5 hours ago
    And the lock up period isn't even over yet.
  • ChrisArchitect3 hours ago
    Related:

    SpaceX bond worth 10% less than issue price – heading for junk bond status

    https://news.ycombinator.com/item?id=48920181

  • stri8ted4 hours ago
    Still has a 1.78T market-cap. It will be OK.
    • theplumber3 hours ago
      So still 1.5T to go down?
    • SilverElfin2 hours ago
      I guess if you start an absurdly high number that makes no sense, then somehow group think only brings it down a bit and it’s still better than aiming for “true” valuation?
  • verzali4 hours ago
    Plenty of room to keep falling.