iiinova — where your digital self keeps evolving

Replies

Pavel @spavel.bsky.social · 05/08/2026

The SpaceX IPO only put 5% of its shares on the market. Another 20% were scheduled to unlock after the Q2 earnings call. That call was yesterday. In the meantime, the stock has fallen over 40% from its initial days of trading. $SPCX 📉 9.25% in pre-market trading as shareholders offload this junk.

bbc.com

SpaceX shares sink after first earnings report reveals huge AI spending plans

Elon Musk told investors that people were "underestimating" his company.

3:03 PM · Aug 5, 2026

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Pavel @spavel.bsky.social · 05/08/2026

Musk is trying to have his cake and eat it too: the eye-watering IPO price was predicated on SpaceX's "acquisition" of xAI (with revenue projections assuming IIRC 97% control over all AI use case markets) but while SpaceX is profitable, xAI is not! The projected spending on xAI is spooking investors

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CRobertBuchanan @crobertbuchanan.bsky.social · 05/08/2026

↪ Replying to @spavel.bsky.social

Yay! Hope everyone who invested loses their shirt.

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dan @djon3s.bsky.social · 05/08/2026

↪ Replying to @spavel.bsky.social

wow amazing who could of predicted wow /s

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gacyclist.bsky.social @gacyclist.bsky.social · 05/08/2026

↪ Replying to @spavel.bsky.social

911 million shares coming out of lockout starting tomorrow. The short sellers have been making a killing. Nasdaq and russell 2000 broke seasoning rules to add it to their index after just 30 days, not 12 months which is normal.

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