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A comment on SpaceX stock erases all its gains and slides below IPO price in intraday trading. Parent comment

Re:SpaceX stock erases all its gains and slides below IPO pr... by ahtihn on Thursday July 16, 2026 @09:35AM (#48934356)
> Like spacex isn't going to be the world's first 100 trillion dollar company because there isn't that much money.

That doesn't really matter. As we saw with crypto valuations, market cap is just number of shares * last price.

If you have 1 trillion shares and one is traded for $100 you have a 100 trillion market cap.

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Re:SpaceX stock erases all its gains and slides below IPO pr... by wyre on Thursday July 16, 2026 @10:01AM (#48934740)
SPCX has 555 million shares, thats $180,000 for a share for this 100 trillion market cap. Don't be ridiculous.
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Re:SpaceX stock erases all its gains and slides below IPO pr... by ahtihn on Thursday July 16, 2026 @12:17PM (#48936572)
Completely irrelevant to my point.

The point was just this: you don't need $100 trillion to actually exist for that market cap to be possible.

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Re:SpaceX stock erases all its gains and slides below IPO pr... by wyre on Thursday July 16, 2026 @01:37PM (#48937661)
Sure, your point is factual, but it is unrealistic, which does make your point irrelevant.
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