Space X stock VWAP almost underwater

 After five days Space X closed at $185 after a 20% decline and now has a volume-weighted average price of  $181.71 making the average post-IPO buyer almost underwater.

This stock is vastly over priced with an actual fair market value of $62.

If you have any etfs or index funds in your 401(k), IRA, or other investment accounts which track the Nasdaq 100, you are now exposed to Space X and increased possible market volatility. 

To refinance a bridge loan used to purchase xAI earlier this year, Space X is preparing to issue $20 billion in bonds, which would be one of the largest corporate debt deals in recent history. 

 

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