After SpaceX went public, it skyrocketed in the first three days, with its market cap briefly surpassing Amazon (ranking fifth, just behind Nvidia, Google, Apple, and Microsoft).
On the fourth trading day, it started to dip, and today it continues to drop.
Aside from the initial hype cooling off, investors have concerns about the AI acquisition plan announced on Tuesday (buying Anysphere).
Next week, SpaceX will discuss issuing $20 billion in corporate bonds to further expand its AI business.
Although uncertainties are rising, it still gained 14.3% in the first five trading days.
On the fourth trading day, it started to dip, and today it continues to drop.
Aside from the initial hype cooling off, investors have concerns about the AI acquisition plan announced on Tuesday (buying Anysphere).
Next week, SpaceX will discuss issuing $20 billion in corporate bonds to further expand its AI business.
Although uncertainties are rising, it still gained 14.3% in the first five trading days.