SpaceX falls for third day, erasing $600 billion in market value (opens original article in a new tab)
SpaceX shares declined for three days, losing over $600 billion in market value as the company announced bond offerings to fund AI initiatives. The stock fell to its lowest level since trading began, with retail investors remaining active but with reduced inflows compared to previous weeks.
- SpaceX shares fell 16% on Monday, marking third consecutive day of decline
- Company's market value dropped over $600 billion in three days
- SpaceX plans to raise at least $20 billion through bond offerings
- Retail investors bought more SpaceX stock last week than all Magnificent Seven stocks combined
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