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Daron Acemoglu

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SpaceX IPO fallout and earnings debut

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Latest: SpaceX shares tumble as AI spending and share unlock trigger sell‑off

The June 2026 SpaceX IPO raised about $85.7 billion, briefly valuing the company above $2 trillion before the share price fell more than 50 % from its post‑IPO peak, leaving a market capitalisation of roughly $1.4‑$1.5 t

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