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'The cult of Elon': SpaceX investors grapple with volatility amid big swings

CNBC · Jun 26, 2026, 11:02 AM · Also reported by 4 other sources

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  • That's probably the most accurate word to describe Space X's opening two weeks as a public company.
  • Daily drops of 5% and 4% were followed by a 16% slump as jitters crept into the market.

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Rollercoaster. That's probably the most accurate word to describe Space X's opening two weeks as a public company.

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