BullCast
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❕ AI cost SpaceX $9.3 billion Before AI, SpaceX was profitable. After int…
❕ AI cost SpaceX $9.3 billion Before AI, SpaceX was profitable. After integrating it, the company posted nearly $5B in losses in 2025 — followed by another $4.3B loss in just Q1 2026. The IPO values SpaceX at $1.77 trillion, yet only 4.3% of shares will be available for trading at launch. This tight float may fuel strong initial demand and volatility, while complicating accurate price discovery. Retail investors will have access to just 1.3% of the company. The majority of shares remain locked up by insiders and major funds. Those restrictions start lifting within months — potentially unleashing future selling pressure. 🔄 Earlier: Record $75 billion IPO. BullCast
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