SpaceX loses $400 billion in value as stock falls below IPO-day closing price
SpaceX has shed $400 billion in market value after its stock slid below the closing price recorded on its IPO day. This means every investor who purchased shares after that first trading session is now sitting on a paper loss. The drop hits one of the world's most highly valued private companies. Analysts are watching closely to see whether the decline continues in the coming weeks.
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