SpaceX, Elon Musk
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Elon Musk, Ro Khanna and sue
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Shares of Elon Musk’s SpaceX tech conglomerate plunged 16% Monday to close below their price on June 12, after the company’s massive initial public offering.
After a blockbuster initial public offering earlier this month, SpaceX on Monday revealed in a regulatory filing that it plans to sell investment-grade bonds. The bond offering would aim to raise about $20 billion,
SpaceX IPO, new launch sites at Cape Canaveral and AST SpaceMobile satellite highlight 321 Launch, FLORIDA TODAY's weekly space newsletter.
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SpaceX Shares Down Today: SPCX Down by 10% as Elon Musk Taps Bond Market - Check Why is it Down, Key Factors, IPO Capital, Market Cap, Shares & More
India, June 22 -- SpaceX shares dropped over 10% because the company announced a massive debt offering to raise at least $20 billion. Investors are also reacting to looming post-IPO lockup expirations for insiders,
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“SpaceX’s high-profile IPO has revitalized broader market sentiment, unlocking a massive wave of capital previously frozen in subscription accounts. As this liquidity seeks undervalued assets, significant capital is anticipated to rotate into bitcoin.”
