SpaceX's value drops $600B in three days

SpaceX is facing sharp losses in its market value over three days, with its shares dropping 16% on Monday evening, resulting in losses estimated at over $600 billion, and the company’s worth shrinking to less than two trillion dollars. The company plans to raise at least $20 billion through a bond issuance to finance its artificial intelligence projects. Despite these setbacks, SpaceX remains the sixth-largest company in the world, with its stock price having increased by 15% from its initial launch price.

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