SpaceX Shares Slide Following A Spectacular Nasdaq Debut
The euphoria only lasted a few days. SpaceX was propelled to a valuation of over $2,000 billion by a historic IPO. After this rapid rise, the stock of Elon Musk's group underwent a correction, reigniting questions about the sustainability of its stock surge. Behind the largest IPO of all time, Wall Street is looking to see if the company's fundamentals match its ambitions.
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