In the weeks following its dramatic IPO, Elon Musk’s SpaceX has yet to find stable ground.
After shooting up to an all-time high of over $225, shares of the rocket company have swung wildly back down to Earth, betraying plenty of uncertainty over the company’s dizzying, north-of-$2-trillion market cap. After all, the company is burning through billions of dollars in cash, and its path to profitability remains as uncertain as ever.
After days of rallying north of the $170 mark, shares…