Perspective - More was lost today than the entire value of SpaceX's planned Valuation of 1.75 T

Everyone is going on and on about how the inclusion of SpaceX will destroy Western Civilization and steal candy from our babies. When the stock IPOs, only 4-5% of the stock will go on sale and of that only 30% will be available to retail investors. This calculates out to about $22.5 billion. Even if the company goes out of business the next day, it will pale in comparison to how much was lost today

Just for the S&P 500. 1.8 Trillion worth of value was erased. That doesn't include

Gold Losses

Metal Losses

S&P 400 and 600 - 99 Billion Lost today

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