SpaceX hype collapses with $600 million still carrying leveraged bets before a massive share unlock

SpaceX's record-setting market debut has completed a sharp reversal just over a month after the rocket and satellite company raised $85.7 billion in the largest initial public offering in history. Data from Yahoo Finance shows that SPCX shares fell to a post-listing low of $132.28 Wednesday, slipping below their $135 offering price for the first […] The post SpaceX hype collapses with $600 million still carrying leveraged bets before a massive share unlock appeared first on CryptoSlate.