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Jul 6 at 09:59 AM
SpaceX officially joins Nasdaq and the stock still trades about 15% from its opening IPO price. However, I do not think this is impressive given how much resources and hype were given to the company. Despite a promising start, I believe eventually the share price will continue tapering down as space exploration will not be as easy to operate as it seems, and I expect the company to continue burning through cash in the foreseeable future.
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