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Here's Why SpaceX's Latest Decision Is a Huge Red Flag for Investors

The Motley Fool·
Here's Why SpaceX's Latest Decision Is a Huge Red Flag for Investors

SpaceX announced a $25 billion bond issue shortly after its IPO, causing stock price to drop from over $200 to $153 per share. The analyst argues this signals poor financial management, as the company could have priced its IPO higher to raise this capital directly, especially given strong demand at $200+ per share and sufficient cash reserves from the $85.7 billion IPO proceeds.

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