EVsFortuneabout 3 hours ago
SpaceX stock halves; Musk faces investors
3 min read
SpaceX shares closed Monday at $114.46, down from a $225 June peak and the $135 IPO price, ahead of its first quarterly earnings since going public. Insiders gain ability to sell over 900,000 shares Thursday as lockup expires. Net losses for the first half are expected to exceed last year's $5 billion.
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