Shares of SpaceX fell as much as 7% Thursday to $178, leaving the stock trading roughly in line with its volume-weighted average price of just under $180.
They would have to realize that profit and to do that they’d have to sell. Any meaningful quantity of “average buyers” cashing out would certainly result in most of them selling at a loss as the price dips below their break even.
Saying the average buyer is almost underwater is another way of saying that the average buyer has made a profit.
The media does this constantly with Elon.
They would have to realize that profit and to do that they’d have to sell. Any meaningful quantity of “average buyers” cashing out would certainly result in most of them selling at a loss as the price dips below their break even.