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MARKETS-ECONOMIC TIMES · INDIAN ·

SpaceX shares eke out a gain to snap three day losing streak

As reported by Markets-Economic Times
SpaceX shares rebounded Tuesday, halting a three-day slump that saw over $600 billion vanish from its valuation. The stock climbed significantly after a brief dip below its IPO price. Meanwhile, the company is experiencing immense investor interest, attracting approximately $89 billion in demand for its inaugural US bond sale, signaling a major financial event in the investment-grade market.
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SpaceX shares gained on Tuesday, ending a three-day losing streak that wiped $600 billion from its valuation. The stock rebounded significantly, recovering from a dip below its IPO price. Concurrently, the company is seeing robust investor demand, attracting $89 billion for its…

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