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And so the SpaceX share price has now dropped below the IPO price suggesting initial investors may have cashed out, selling on to those taken in by the AI hype.

Did Elon Musk organise a Pump & Dump strategy to monetise his holdings in SpaceX (alongside his familiars), while claiming that 'retail' investors could share in the future profits?;

yes it the classic case of finding the fool(s) to sell to before the price drops.

Elon says: 'ha ha, you've been had'!

#SpaceX #ElonMusk #investment