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SpaceX Stock Closes at Record Low After First Starship Test Since IPO Is Scrubbed
A focused briefing connects index moves, company results and the next market catalysts.
Why it mattersAlthough investors were hoping a successful test would help stabilize SpaceX shares, some Wall Street analysts had warned that Starship’s development would probably include both progress and setbacks. Shares dropped as low as roughly $122 during the session, setting another all-time low and moving further beneath the company’s $135 initial public offering price.
