The Zhitong Finance App learned that on Thursday, SpaceX (SPCX.US) bucked the trend and fell by nearly 4%. Yesterday's stock price rose about 35% from the low on August 5, and is now reported at 140.67 US dollars. According to the news, hedge fund manager David Einhorn, who successfully shorted Lehman Brothers before the 2008 financial crisis and became famous, recently warned in a quarterly letter to investors that the space exploration technology company SpaceX's sensational initial public offering (IPO) may be remembered by the market in the future as a warning sign that the stock market is approaching a speculative peak.
Zhitongcaijing · 1d ago
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The Zhitong Finance App learned that on Thursday, SpaceX (SPCX.US) bucked the trend and fell by nearly 4%. Yesterday's stock price rose about 35% from the low on August 5, and is now reported at 140.67 US dollars. According to the news, hedge fund manager David Einhorn, who successfully shorted Lehman Brothers before the 2008 financial crisis and became famous, recently warned in a quarterly letter to investors that the space exploration technology company SpaceX's sensational initial public offering (IPO) may be remembered by the market in the future as a warning sign that the stock market is approaching a speculative peak.
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