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Roller Coaster Ride in the Market: SpaceX Shares Plummet for Two Straight Days Following Initial Boom, Erasing Nearly All Gains for Retail Investors
7 hour ago /
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Author：小编
Following its debut on the market, SpaceX's stock embarked on a downward trajectory, with the paper profits of retail investors dwindling to almost nothing. The initial offering price was set at $135, and in the early days post-listing, the stock price surged, peaking at over $225 and propelling the company's market capitalization to nearly $3 trillion at one point. However, this meteoric rise was soon followed by a steep decline, with the stock plummeting by 3.56% on Thursday to settle at $185. The five-day volume-weighted average price stood at $181.71, indicating that the current stock price has reverted to levels close to those seen during trading on June 15.
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