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Why Is SpaceX Stock Price Down Today?

Elon Musk next to a SpaceX facility under a falling red stock market arrow.

The post Why Is SpaceX Stock Price Down Today? appeared first on Coinpedia Fintech News

SpaceX stock price is facing selling pressure as more shares held by employees and early investors become available for trading. The decline comes despite the company’s strong third-quarter results, which showed a profit of $4.4 billion on $14.6 billion in revenue. The main concern is the release of more than 1 billion previously restricted shares. …

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