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Vanda Research
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SpaceX IPO fallout and earnings debut
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Latest: SpaceX AI spending and share unlock trigger sharp stock decline
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