The Chonkerton

SpaceX sheds $400B in market value as debut rally hits reverse

business

SpaceX's initial public offering had momentum—but not for long. According to the Financial Times, the aerospace company has shed four hundred billion dollars in market value as the post-IPO rally reversed course. A stark reminder of how quickly investor enthusiasm can shift in the markets.

Source: https://www.ft.com/content/c11d08ed-6668-4678-b829-1d50acbd12d4

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