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Burbidge: SpaceX FOMO Driving Stock Higher for Now

Burbidge: SpaceX FOMO Driving Stock Higher for Now
Bloomberg Markets Wednesday 24 June 2026, 06:08 UTC 1 min read
Key Points

Jun 24th, 2026 Burbidge: SpaceX FOMO Driving Stock Higher for Now SpaceX shares ended higher on Tuesday, snapping a three-day selloff that wiped out more than $600 billion from the company's market value. The Elon Musk backed company also raised $25 billion of bonds in its debut offer, making it the latest megacap tech firm to tap investors for its AI expansion. Eileen Burbidge, Founding Partner at Passion Capital and Founder of NFG Ventures spoke to Bloomberg’s Abeer Abu Omar on Horizons...

Jun 24th, 2026 Burbidge: SpaceX FOMO Driving Stock Higher for Now SpaceX shares ended higher on Tuesday, snapping a three-day selloff that wiped out more than $600 billion from the company's market value. The Elon Musk backed company also raised $25 billion of bonds in its debut offer, making it the latest megacap tech firm to tap investors for its AI expansion. Eileen Burbidge, Founding Partner at Passion Capital and Founder of NFG Ventures spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa explained the rally behind SpaceX. [Image text:] LIVE London Eileen Burbidge -PASSION CAPITAL FOUNDING PARTNER Horizons SPACEXRAISES$25BINDEBUT BONDSALE Middle East &Africa
Burbidge (PERSON) SpaceX FOMO Driving Stock Higher (ORG) SpaceX (ORG) AI (ORG) Eileen Burbidge (PERSON) Passion Capital (ORG) NFG Ventures (ORG) Bloomberg (ORG) Abeer Abu Omar (PERSON) Horizons Middle East (LOCATION) Africa (LOCATION)
Originally published by Bloomberg Markets Read original →

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