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Bloomberg's mid-July headline, “SpaceX Slump Wipes Out $1 Trillion in Market Value From Peak,” illustrates the type of whiplash that can be present in Wall Street hype.
SpaceX Is $15 Away From A ‘Worthless’ AI Business Says Morgan StanleySpaceX’s stock slide nears a level Morgan Stanley says would assign zero value to its AI unit, as analysts weigh losses, divisional performance and investor sentiment.www.forbes.com