SpaceX shares rose Tuesday, snapping a three-day selloff that erased more than $600 billion from the company’s market value, according to Bloomberg.
The Elon Musk-backed company also raised $25 billion of bonds in its debut offering, becoming the latest megacap tech firm to tap investors to fund AI expansion. Eileen Burbidge, founding partner at Passion Capital and founder of NFG Ventures, discussed the rally on Bloomberg’s Horizons Middle East and Africa.
Burbidge: SpaceX FOMO Lifting Stock for Now
2026-06-24 06:24:15
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
