SpaceX ends with 1% rise
SpaceX's stock rose by nearly 1% after a three-day decline, during which its value dropped by approximately 24%. The company experienced a significant decrease in market capitalization amounting to $400 billion, following earlier declines of 3.6% and 5%. This comes after its initial public offering in June, which saw immediate gains exceeding 50% before declining again. SpaceX announced the issuance of unsecured bonds and reported a cash reserve of $100.8 billion as of June 19. Additionally, it signed an agreement with the emerging artificial intelligence company "Reflection."
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