Latest / Raleigh News Today | 2 Min News | The Daily News Now!

SpaceX Stock Slump and Starship Doubts | Raleigh News
SpaceX’s IPO is crashing hard, losing over $1.2 trillion since its June peak—more than Tesla’s entire market value. The slide ties to doubts about Starship’s engine reliability, as both Musk’s companies struggle. Yet, options traders aren’t panicking: some bet on a double, while big-money players stay neutral or bullish. With its first earnings report looming August 4 and insider sales starting August 6, pressure mounts. Wall Street’s split: some see overvaluation, others hype AI-driven growth. Even Cathie Wood is buying, betting on SpaceX’s future. Listen in comfort:Get a discount on a Soli…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.