SpaceX rocket launch gets erratic follow-up: ‘No World Online bubble, but caution is advised’

Investors who bought into the SpaceX IPO had to tighten their belts immediately in the first week of trading. CEO Elon Musk’s space and AI company shot up like a rocket after its successful launch on Wall Street, but then suffered from profit-taking. According to Renco van Schie, asset manager at Valuedge, caution is required in the short term.

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