The Guardian·3 min read·medium
SpaceX shares slide below IPO price for first time as surge fizzles
G
Guardian staff reporter
✦AI Summary
SpaceX shares have fallen below their IPO price for the first time following a period of intense market volatility. Investors are expressing concerns over the company's heavy debt-funded AI infrastructure spending.
A SpaceX rocket lifts off from the Kennedy Space Center in Florida in June 2024./Getty Images A SpaceX rocket lifts off from the Kennedy Space Center in Florida in June 2024./Getty Images SpaceX SpaceX shares slide below IPO price for first time as surge fizzles Shares fall below $135 price after firm completed biggest ever IPO and made Elon Musk world’s first trillionaire
businesstechnologyeconomy
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