Submitted by eatbuttiro t3_yhfvuf in wallstreetbets
10 years after ipo Zucks gravy train has run out of steam.
By this time next year META will be under 50. Metaverse idea is dead until 2030 and will make no money this decade. Growth has ended, big advertising bubble has popped, inflation is bad, and chart technicals trending downwards.
If META hits 100 billion market cap it might be taken private or a takeover candidate by a different Big Tech company. Whichever happens investors will not be making money anytime soon.
Farewell facebook. hey spacehey