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SpaceX shares dropped another 10%, extending their decline to a third consecutive session after a historic post-IPO rally.
Motley Fool analysts argue that SpaceX may be worth between $150 billion and $250 billion, far below its current market valuation of roughly $2.56 trillion.
SpaceX shares have fallen 23% from their recent peak but continue to trade above their IPO price.
SpaceX shares fell about 12% as investors took profits following the stock’s powerful post-IPO surge.
SpaceX shares climbed above $200 for the first time, pushing the company’s valuation to approximately $2.5 trillion and making it one of the largest public companies in the world.
SpaceX added $412 billion in market value in a single day, lifting its capitalization to $2.5 trillion.
Elon Musk became the first person in history to reach a net worth of $1 trillion after SpaceX’s public debut, further extending his lead as the world’s richest individual.
Early SpaceX investors are poised for historic gains as the company prepares for its highly anticipated IPO.
More than 600 OpenAI employees sold $6.6 billion in shares in one of Silicon Valley’s largest pre-IPO payouts.
More than 100 current and former SpaceX employees have joined forces to secure discounted wealth management services as the company’s IPO is expected to create a new wave of multimillionaires.
Bybit launched IPO Express, allowing retail investors to subscribe to tokenized SpaceX shares through xStocks.
Several major U.S. university endowments are poised to generate massive gains from their early SpaceX investments as the company approaches its highly anticipated IPO.
Ontario Teachers’ Pension Plan’s $300 million investment in SpaceX has grown to nearly $12 billion based on the company’s expected IPO valuation, representing one of the fund’s most successful investments ever.
OpenAI has confidentially filed for an IPO that could become the largest AI-related stock market debut in history.
Kraken launched tokenized SpaceX IPO access through xStocks, expanding retail exposure to one of the most anticipated listings.