SpaceX stock falls under $150
SpaceX's stock fell below $150, leading to a drop in its market value to under two trillion dollars after a broad sell-off. The company had achieved strong gains following its initial public offering in June, temporarily surpassing Amazon and Microsoft in market value, but it declined as investor sentiment worsened. SpaceX announced the issuance of unsecured bonds and has liquidity of up to $100.8 billion, in addition to signing a computing agreement with Reflection Company to enhance its artificial intelligence capabilities.
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