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SpaceX shares fall after postponed launch and aborted mission

The stock slipped about 4% in premarket trading following the aborted mission, extending its move below the IPO price.

Reported · Written up by our desk · M&A & Deals

Shares in SpaceX fell about 4% in premarket trading on Friday after the company aborted a mission and postponed a crucial launch, according to MarketWatch.

The move adds to downward pressure on the stock, which is already trading below its IPO price after the latest delay.

MarketWatch reported that the postponement came alongside the aborted mission, a development that investors are weighing when assessing the timing and progress of SpaceX’s next launch.

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