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SpaceX’s Financial Rollercoaster | Raleigh News
Description
Elon Musk’s SpaceX is facing investor scrutiny after its first quarterly earnings since going public, with shares down 50% from their June peak and losses projected to exceed last year’s $5 billion. While the Starship rocket finally succeeded in a test flight and Starlink remains profitable, internal selling pressure looms as a 900K-share lockup expires, and ventures like Grok and X continue to bleed cash — leaving the future of the space giant uncertain despite its bold ambitions.
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