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HomeBusinessSpaceX shares drop 49 percent from peak ahead of first earnings report

SpaceX shares drop 49 percent from peak ahead of first earnings report

SpaceX shares have fallen below their initial public offering price, giving short sellers an estimated $15. 5 billion in unrealised gains, according to Reuters, citing data from Ortex Technologies. The stock was priced at $135 per share when it debuted on 11 June, before climbing to an intraday high. ..

Read full story on The News International

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