The "speculators" put an end to SpaceX's euphoria on the stock market

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The SpaceX's stock market launch , the technological giant of Elon Musk that groups its aerospace and artificial intelligence operations, was an unprecedented explosion. The initial public offering (IPO) of the first major AI player to assault Wall Street was executed at about $135 per share; but upon entering the Nasdaq 100 index, it had already shot up to $160. After nearly a week of unprecedented ascent, the shares surpassed $200 and the company's global capitalization dwarfed tech giants of the scale of Amazon or Meta. The euphoria, however, lasted less than a week: since Monday, the quotation of Musk's new crown jewel has fallen by more than 13%. It opened this Friday's session, in fact, just above $150, and moved around the same price all day, with a slight upward trend, until closing at $153.