SpaceX Extends Selloff, Falls Another 10% for Third Straight Day
SpaceX shares dropped another 10%, extending their decline to a third consecutive session after a historic post-IPO rally.
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SpaceX shares dropped another 10%, extending their decline to a third consecutive session after a historic post-IPO rally.
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.
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FTX sold its 5% stake in Cursor for $200,000 during bankruptcy proceedings. Today, that stake would be worth more than $3 billion.
SpaceX surpassed Microsoft in market value and agreed to acquire AI coding startup Anysphere in a $60 billion stock deal.
Elon Musk added $165 billion to his fortune in one day — more than Bill Gates’ entire estimated net worth.
SpaceX reached a $2.8 trillion valuation, surpassing Amazon and becoming one of the world’s most valuable companies.
SpaceX added $412 billion in market value in a single day, lifting its capitalization to $2.5 trillion.
SpaceX shares gained 6% as investors reacted to projections of nearly $1 trillion in annual revenue by 2030.
Elon Musk said factories on the Moon and Mars would be needed to achieve quadrillionaire status in a future space economy.
Early SpaceX investors are poised for historic gains as the company prepares for its highly anticipated IPO.
SpaceX plans to launch AI computing satellites in 2027 as it pursues orbital data center infrastructure.
Bybit launched IPO Express, allowing retail investors to subscribe to tokenized SpaceX shares through xStocks.
Kraken launched tokenized SpaceX IPO access through xStocks, expanding retail exposure to one of the most anticipated listings.