A seemingly boundless rally in space-related firms is showing further signs of weakness, with several stocks stumbling for a second day on Monday, as the public debut of Elon Musk’s SpaceX looms.
SpaceX facilities in Hawthorne, California, US, on Monday, April 13, 2026. SpaceX has filed confidentially for an initial public offering, according to people familiar with the matter, bringing billionaire Elon Musk's rocket, satellite and AI company closer to delivering the biggest-ever listing.
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