SpaceX shares plunge as investors question valuation after bond sale announcement

Shares in SpaceX (NASDAQ:SPCX) suffered their sharpest decline since listing. They fell around 16% and extended a three-day slide that has wiped roughly $400 billion from the company’s market value. The sell-off came just 10 days after its record-breaking IPO. It was triggered by concerns over valuation, rising debt levels and the scale of future … Continue reading SpaceX shares plunge as investors question valuation after bond sale announcement