this post was submitted on 06 Nov 2026

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Tesla and SpaceX lose over $420B in combined market cap in the two days (www.cnbc.com)

submitted 4 days ago by rssbot@lemmy.bestiver.se to c/hackernews@lemmy.bestiver.se

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[–] impairedimperator@lemmy.zip 1 points 3 days ago

Tbh I see it more as a strategic play. The AI bubble was gonna burst and everybody who was paying attention could tell. So AI folks made a calculated gamble to prop the bubble up until midterms. Now they allow it to crash, blame Democrats, get the GOP back into power, and it's back to deregulation and allowing AI to get away with whatever crimes they want.