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Retail and Wall Street turn cautious on SpaceX momentum

CNBC Markets frames the shift as investors weighing whether recent hype around Elon Musk’s rocket venture will hold up, giving “bears” fresh arguments.

Reported · Written up by our desk · Sectors

Good times for SpaceX appear to be fading, according to CNBC Markets, as sentiment cools among both retail investors and Wall Street participants.

The outlet links the growing skepticism to Elon Musk’s intergalactic IPO narrative, describing it as new fodder for investors who are more bearish on the stock story.

CNBC Markets characterizes the mood change as a sign that optimism tied to SpaceX’s recent momentum may be short-lived.

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