Follow the latest news on the major headlines of the day.
SpaceX shares fell 20% from $200 peak to current $165, erasing IPO profits. $4.9B net loss (2025) reveals valuation rests on speculative satellite-AI future, not financial strength—caution for enterprise partnerships and infrastructure roadmaps.
A rally following the company's record breaking IPO on June 12 has cooled, with stock dropping the past two full days of trading.
SpaceX dropped 23% from its IPO peak in 10 days, erasing retail gains despite a record $85 billion raise. Planning $20 billion in new debt for AI infrastructure fuels market concern over debt burden of mega-cap tech companies scaling AI.
SpaceX's blockbuster June 12 IPO ($135) briefly topped Microsoft and Amazon valuations; shares still up 37% despite recent 3-5% pullback. Despite $4.9B annual burn, IPO signals satellite infrastructure is now critical to enterprise tech.
SpaceX plummeted 23% in three days, erasing $600B, while issuing bonds to fund $20B AI push and Reflection AI deal. Selloff marks valuation reset as Anthropic/OpenAI race toward $1T IPOs, forcing CTO portfolio reshuffling on space-AI infrastructure bets.
Elon Musk's space exploration company has the lowest possible ESG rating.
SpaceX shares dropped in premarket trading Monday, continuing a selloff after their record-breaking June 12 IPO, despite still being up 37% at Thursday's market close.
Just 10 days after the company’s blockbuster IPO, buyers of its initial public shares are in the red.
SpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announcement of its first investment-grade…
Gains have been pared back at the space and AI company following an initial surge after its record-breaking IPO.
Shares in Elon Musk's rocket company are set to drop for the fourth consecutive day at Tuesday's market open, a major reversal from their IPO boom.
Are investors starting to rethink their AI investments?