Elon Musk’s SpaceX blockbuster gets a market reality check
On July 8, 2026, SpaceX's market valuation dropped below $2 trillion, down from a peak of over $2.5 trillion just weeks prior. The company's shares fell 6.83 percent after its Nasdaq debut, reflecting broader concerns about the sustainability of AI valuation in the face of decreasing market enthusiasm. Investors are now wary of potential risks in the AI sector.
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Published 08 Jul 2026, 02:13 UTC · Updated 08 Jul 2026, 02:20 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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