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Jai Hamid

SpaceX shares slide 3.57% on Thursday as IPO momentum fades and investors brace for more stock supply

SpaceX shares extended their pullback as the initial wave of IPO buying cooled and traders began focusing on a larger supply of stock expected later. The stock fell 3.57% on Thursday after dropping 5% on Wednesday. The move ended a volatile run that had quickly lifted the company into the top tier of global market values after its listing.
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