SpaceCoinDeskabout 2 hours ago
SpaceX drops 11% on lockup, capex fears
1 min read
SpaceX shares fell 11 percent premarket as investors weighed heavy capital spending and an insider lockup expiring Thursday, despite revenue surging 92 percent to $7.8 billion. The company spent $18.4 billion on Starlink, Starship, and AI infrastructure, and held 18,712 bitcoin worth about $1.1 billion.
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