Posts  / RXT  / #POST-219651
REDDIT

Anyone else following the $RXT implosion?

D
Feb 12, 2026 · 19:26

If you're interested in seeing a company fall to zero in real-time, $RXT is some prime-time viewing.

For context, Apollo Management bought it for 4.3B in 2016, eviscerated the culture and expertise, offshored as much as they could, and now have successfully destroyed 99% of their investment. It's now sub 100 MM market cap, and falling to zero fast.