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Since its first trade on June 12, SpaceX
Not since Facebook's
IPO in 2012 have tech investors seen such a high-profile offering lead to such early disappointment. Facebook stumbled out of the gate and trended lower for months before bottoming at less than half its IPO price. But Facebook's total market cap after its first day of trading was about $100 billion, or roughly one-fifth the amount of value SpaceX has shed since its initial pop.
That's the backdrop for SpaceX's first earnings report as a public company, which is scheduled to land after the bell on Tuesday. It comes two weeks after Tesla's
