SpaceX stock popped Tuesday in early morning trading, as investors continued to pile into Elon Musk’s rocket-builder. The skyrocketing share price pushed SpaceX’s market cap past Microsoft’s valuation. The stock climbed 20% on Monday, its first full day of trading.
Just absolutely insane. If we are in a bubble, these sky high valuations have consequences for both the US and global economy.
ldn6 on
This is just stupid. There’s really no other way to describe it.
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SpaceX stock popped Tuesday in early morning trading, as investors continued to pile into Elon Musk’s rocket-builder. The skyrocketing share price pushed SpaceX’s market cap past Microsoft’s valuation. The stock climbed 20% on Monday, its first full day of trading.
Just absolutely insane. If we are in a bubble, these sky high valuations have consequences for both the US and global economy.
This is just stupid. There’s really no other way to describe it.