It's market cap is still closer to 2 trillion than 1.
replyso was the comment that it wouldn't grow, or wouldn't shrink. :)
replySpaceX is still a $1.6T company measured by the sum total paper value of all of its stock. Its stock would have to go down another 40% from today's value before it is not "a trillion dollar company."
replyIt could grow, it could shrink, but it seems like the root comment misunderstood the headline by thinking it's current market cap is <$1T
deleted
replyYou could also read it as "it will never go down as low as $1T again".
replyThe market might remain rational longer than Elon Musk can stay solvent.
reply