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SpaceX Stock Splashes Down, Undercuts IPO Price

SpaceX stock on Wednesday fell to briefly undercut its IPO listing price. Shares of Elon Musk’s rocket and AI company have trended lower the past two weeks, continuing to retreat from the mid-June high that followed the stock’s public debut. The slide comes after SpaceX last month joined the Nasdaq-100 index. That move triggered the purchase of shares by key…

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