SpaceX's rocket-fuelled float runs out of steam as shares crash back down to earth after record run

Shares in SpaceX took a sharp dive, closing almost 5% lower after a volatile trading session marked by a 7% drop at one point, following an earlier 6% surge. This dramatic shift reflects investor sentiment as the company's stock, which had been on a record upward trajectory, encountered unexpected turbulence. The decline underscores the risks and volatility that can accompany high-profile tech companies, especially those with ambitious expansion plans like SpaceX. This event highlights the delicate balance between innovation and market stability.