How is a change in stock price of a company like Facebook of any intellectual interest?
However I do think it got coverage today on the frontpage that OP might have missed.
But to the OP's larger point, it's bizarre to not see Musk on the front page.
My good faith assumption is that dang is simply trying to figure out how to consolidate countless new posts into a single one so as to not flood the front page with slight variations on the same story.
Nonetheless there has been increasing and silent censorship of relevant topics here and I think it at least deserves some sort of explanation in this case.
Christ, you "hackers" are thick.
I've never worked at Facebook, but looking at levels.fyi, a Facebook E5- between 4-15 years of experience, based on some other googling- would expect to make ~400k, ~half of that in stock compensation. The stock going down by 70% means that they are not getting the money that they thought they were. Are they going to start jumping ship to other companies? Is this going to flood the market with developers? Will the rest of the top-end of the software engineer market- who already got in trouble for colluding to try and keep down software engineer salaries[1]- lower their offers to match, with knock-on effects further up and down the market? As an American software developer, this matters to me, and I'd expect that a lot of other people would have opinions, rumors, and FUD to share on the topic.
[1]: https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...
Also (this might not apply to you if you already own a home), but in the Bay Area it's like SWE salaries are tied to the housing costs. At the end of the day, what's the point of that 400k if the housing market leeches off of all of the surplus?
I don't come here to read about what Jim Cramer is doing. I don't care about that at all. If I did, I would just turn on my TV. I come here specifically because stuff like that is not here. Plenty of other websites also cover that type of content.
Not every website need to cover all the same stuff. Thats what used to make the web great, was niche sites and diversity of content.
And HN, like CNBC, exists mainly as part of a giant financial hype machine which is interesting in the same way that gravity or death is interesting. The whole tech world revolves around the price of things - your attention, clicks, term sheets, RSUs, etc. Cramer is not below HN, you are not above Cramer just because you don't perform on camera. We are all part of this machine.
Your theory about consolidating stories seems reasonable. But speculation about how HN works is also boring.
I don't think it is, though?