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SpaceX Stock Sinks 12% on Capex Fears Despite Blowout Earnings Beat

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • SpaceX stock plunged 12% despite 92% revenue growth and AI revenue beat, as investors focused on $18.4B capex and 911.5M share lockup expiration tomorrow, tripling free float.
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MSFT price history

497.12 +3.04% over the displayed period

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