• Ragnarok314159@sopuli.xyz
    link
    fedilink
    English
    arrow-up
    4
    arrow-down
    1
    ·
    7 months ago

    Their stock valuation rests entirely on large entities shorting the stock, and other large entities saying “I will take that bet!”. That’s pretty much it.

    • maynarkh@feddit.nl
      link
      fedilink
      English
      arrow-up
      6
      ·
      7 months ago

      All stock valuation rests on like three entities making numbers up, that’s not the thing. The question is how long will Wall Street keep Musky boy on the nice list if he is becoming more and more visibly incompetent.