SpaceX Stock Plummets Amid Profit Questions | Business and Finance News

SpaceX’s stock is crashing after a wild ride since its record-breaking IPO, now down 40% from its peak as investors cool off and scrutinize the company’s unprofitable reality — despite $18.7B in revenue and ambitious projects like Starship, Starlink, and xAI, the market’s asking: can Musk’s rocket dreams actually pay the bills? Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4a41f4825de1cd39