Shares of SpaceX fell as much as 7% Thursday to $178, leaving the stock trading roughly in line with its volume-weighted average price of just under $180.
After briefly pushing SpaceX’s market value close to $3 trillion, investors have begun reassessing whether the stock’s rapid advance can be justified by fundamentals.
Nothing in the stock market has been about fundamentals for a very long time. Especially regarding Musk companies.
Nothing in the stock market has been about fundamentals for a very long time. Especially regarding Musk companies.
I believe Uber was the company to break the fundamentals game