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SpaceX Stock Hits New Low Since IPO After Rocket Launch Called Off
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SpaceX Stock Hits New Low Since IPO After Rocket Launch Called Off

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SpaceX's market cap has lost about $1 trillion in value since its June 16 peak and hit a new low since its record-breaking IPO.

SpaceX's IPO honeymoon seems to be over. Five weeks after the company's record-breaking debut, about $1 trillion in market value has evaporated — and the selling isn't letting up. The stock first slipped below its $135 IPO price on Wednesday, touchin... [1734 chars]

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Source: Business Insider

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