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SpaceX Slips Below Its $135 IPO Price Ahead of Starship Launch
Summary
- The stock has steadily fallen from the euphoric post-IPO high, showing that markets may be sobering up to the promises CEO Elon Musk made before and after.
Why It Matters
The decline in SpaceX's stock price indicates a potential correction in investor sentiment, as markets reassess the company's growth prospects and profitability.
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