SpaceX's market value drops $600B in 3 days
SpaceX's shares have plummeted to unprecedented levels, losing over $600 billion in market value over three days following the company's announcement of a bond issuance of at least $20 billion to fund artificial intelligence projects. The stock declined by 16 percent to reach $154.60, erasing more than a quarter of its value, although it still ranks among the largest companies globally. Additionally, the company received a low rating from MSCI due to weak environmental, social, and governance (ESG) scores.
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