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AI / Economy Economy

SpaceX Falls for Third Day, Erases $600 Billion In Market Value

Source: bloombergMarkets June 22, 2026 · 01:52
SpaceX shares slipped for a third straight day, shedding hundreds of billions of dollars in market value, after the Elon Musk-led company said it is selling investment-grade bonds for the first time, part of what’s expected to be a massive borrowing spree to fund its artificial-intelligence ambitions.
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