If you bought SpaceX stock and Bitcoin on launch, here is what each is worth today

SpaceX’s $2 trillion IPO was hailed as the ultimate investment, yet it’s already proving to be a bigger loser than Bitcoin. Since June 12, SpaceX has plummeted 12.7%, while Bitcoin only dropped 7.5%. Despite the hype, SpaceX has no earnings history and a massive lockup expiry looming that could tank the price even further. The "most exciting IPO of the decade" is officially underperforming a volatile crypto asset. Would you still bet on Musk’s rockets over Bitcoin?
This summary was generated by AI