Meridian Daily News

The Gravity of Reality: Why SpaceX’s Valuation is Finally Cooling

By Evelyn Hartwell · 6 min read

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The mood at the bars near Hawthorne has changed lately.

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SpaceX isn’t a public company, of course.

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It’s a jarring moment for a firm that has become synonymous with American industrial pride.

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To understand why SpaceX is feeling the pinch, you have to look past the launchpad and toward the marble halls of the Federal Reserve.

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SpaceX is the definition of capital-intensive.

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When we look at the broader market, even the giants are adjusting.

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