this post was submitted on 25 Jul 2026
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SpaceX Investors in Meltdown Over All the Money They’ve Lost (finance.yahoo.com)
submitted 2 days ago by sanitation@lemmy.today to c/technology@lemmy.world
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[–] 1984@lemmy.today 4 points 2 days ago* (last edited 2 days ago)

Its because they make money buying whatever goes up, instead of holding selected companies for a long time.

Think about it. You could have made 150% by holding micron for three months. Big tech companies take five years to make that much. So that's why these investors have to jump on the bandwagon no matter what the fundamentals are.

They also sell as soon as it starts to show weakness, which is why micron dropped 30% in like 3 days.