Live: ASX to rise as SpaceX shares plunge

The Australian share market is poised for a rise despite a dramatic plunge in SpaceX shares that has erased over a trillion dollars in value. This significant loss in SpaceX's valuation is causing ripples across global markets, and investors are watching closely as they adjust their portfolios. The situation underscores the volatile nature of tech stocks and the interconnectedness of global markets. Analysts are providing insights into how this might reshape investor strategies and influence broader economic trends.

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