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Analyst warns SpaceX shares may be as volatile as Tesla; xAI losing money
Aleksander Jerzewski of ESALIENS TFI told PAP Biznes that SpaceX shares could experience volatility similar to Tesla, as up to 30% of the share issue was directed at retail investors. While Starlink is profitable, Elon Musk's xAI division is reportedly suffering heavy losses. The close association of all Musk-linked companies increases speculative risk for investors.
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