this post was submitted on 21 Jul 2026
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Technology

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[–] jobbies@lemmy.zip 26 points 21 hours ago (4 children)

Its barely got history on the stock market so its hardly a 'record low'. Just say the price has dipped and leave it at that.

[–] xenomor@lemmy.world 2 points 2 hours ago (1 children)

If it’s the lowest it’s been to date, it’s literally a record low. Calling it that is accurate and usefully descriptive.

[–] jobbies@lemmy.zip 2 points 2 hours ago (1 children)

How is that 'useful'? If you had zero prior knowlege you'd be forgiven for thinking they had been trading for decades.

[–] xenomor@lemmy.world 0 points 1 hour ago* (last edited 1 hour ago)

It’s useful because it’s literally true. The stock hit its all time low. That interesting if the stock is decades old, and it’s interesting if the stock is weeks old. Whatever a person imagines has no bearing on any of that.

[–] TBi@lemmy.world 19 points 20 hours ago

But how will we know if it’s SLAMMED or DESTROYED if they don’t say it?

[–] FlashMobOfOne@lemmy.world 7 points 18 hours ago

Yeah, but that doesn't make for good clickbait.

And most people who will click on this article don't have a fundamental understanding of the stock market, investing, or why this isn't really that big of a deal.

(Still, however, don't invest in SpaceX. The stock is structured so retail investors don't have meaningful voting rights.)

[–] friend_of_satan@lemmy.world 4 points 19 hours ago

is it not a record low? what if it went up for the rest of its existence. would this point in time not be recorded as its historic low point?