Space sector stocks crash after record SpaceX IPO sparks investor fatigue
Space sector stocks have tumbled sharply after surging in May, with analysts describing an "investment coma" in the market following SpaceX's record-breaking IPO. Investors who committed heavily ahead of the SpaceX listing are now pulling back from new positions, dragging down valuations across the broader space industry. The post-IPO hangover is weighing on stocks that had rallied in anticipation of the debut.
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