BUSINESSJun 23 · 12:20 UTCQUARTZCris Tolomia

SpaceX stock plunged below its IPO-day close, shedding $400 billion in market value

SpaceX stock fell below its IPO-day closing price, resulting in a $400 billion loss in market value. Investors who purchased shares after the first trading day are now experiencing losses.

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