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SpaceX extends losses, hovers near IPO price after 39% plunge from peak

mint - markets · 6h ago · 🇮🇳 India
SpaceX extends losses, hovers near IPO price after 39% plunge from peak

SpaceX shares have dropped 5.3% to $137.68, just above its IPO price, following a month of volatility. Despite strong fundamentals, the stock's recent decline is attributed to profit-taking and a market reassessment of tech valuations, losing nearly 39% from its peak.

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