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SpaceX shares risk trading below IPO price amid sharp market slump
The article notes SpaceX has lost more than $800 billion in market value from its $2.67 trillion peak in less than a month.
MarketWatch reports that SpaceX shares could slip below their IPO price as the stock’s slide raises new questions for investors.
The outlet said SpaceX has shed more than $800 billion in market value from a $2.67 trillion peak in less than a month, underscoring how quickly the valuation has deteriorated.
MarketWatch framed the move as a potential test for investor confidence if the stock continues lower.
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