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James Chanos Says SpaceX IPO Hype Is Driven by Musk and AI, Not Fundamentals

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2026-06-10 22:56:06
Veteran short seller James Chanos said SpaceX’s blockbuster public debut is being driven more by investor enthusiasm for Elon Musk and artificial intelligence than by financial fundamentals. According to Bloomberg, Chanos said the company’s valuation is difficult to justify on any reasonable business assumptions.
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