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Morgan Stanley sends blunt SpaceX message to investors

Morgan Stanley sends blunt SpaceX message to investors

Morgan Stanley just said something about SpaceX that every investor watching the stock needs to read

By Hillary Remy, The Street

More than 900 million SpaceX shares became eligible for sale on August 6. At midday prices, that tranche was worth around $101 billion. Investors had spent weeks bracing for the unlock, watching the stock slide in anticipation. The selloff they feared never came.

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