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SpaceX Stock Plummets After IPO Surge | Durham News
SpaceX’s IPO sent shockwaves through markets, hitting a dizzying $2.6 trillion valuation before crashing 41%—now trading below its debut price as 180 million shares are sold short. Despite the rollercoaster, Elon Musk’s audacious vision to colonize Mars and expand human consciousness into space drives massive investments, including a $20 billion AI bond offering. While volatility is typical for new public companies—think Meta and Tesla—long-term success hinges on Starship’s operational breakthrough. Early believers are already reaping huge gains, but patience is key: this ride’s bumps are…
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