SpaceBBC Technologyabout 2 hours ago
SpaceX shares drop 35% from peak
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SpaceX shares fell 35% from their peak in the first month of public trading, closing around $145 after an initial frenzy. The drop followed Starlink price cuts and concerns about revenue. Analysts expect further decline to $115, while Morgan Stanley set a $300 target. Elon Musk holds nearly 85% control via dual-class shares.
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