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SpaceX stock falls 16 percent
Shares of SpaceX decreased by 16.43% on the NASDAQ exchange, dropping to $154.60 after the company reported net losses of $4.9 billion last year and $4.28 billion in the first quarter of this year. Despite the volatility, the company announced the issuance of significant bonds to investors, while maintaining strong liquidity of $100.8 billion, reflecting its solid financial position and its ability to fund future projects like the Starlink network. The stock also experienced a slight increase of 0.78% after the market closed, reaching $155.80 amid market fluctuations.
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