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SpaceX stock hits new all-time low despite 'over the moon' Starship test

SpaceX shares have plummeted to a new all-time low, crashing back near $100 per share despite a successful Starship test.

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4210Jul 27 19:29Jul 27 23:29 UTC

The brief

SpaceX stock is experiencing a significant decline, hitting a new all-time low and approaching a value of $100 per share. This downward trend continues despite a Starship test described as 'over the moon.' Coverage from Yahoo Finance, Investor's Business Daily, Seeking Alpha, and 24/7 Wall St. emphasizes that the stock is facing its fourth straight weekly dive.

Reports highlight the volatility as a cautionary reminder for investors seeking entry near an IPO date. Future focus remains on whether investors should buy into the current slide or wait longer, and the impact of a specific pledge made by Elon Musk.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated just now.

Quick answers

What is the current status of SpaceX stock?

The stock has hit a new all-time low and is crashing back near $100 per share.

How has the Starship test affected the stock price?

Despite a test described as 'over the moon,' the stock has continued to slide.

How long has the stock been declining?

According to Investor's Business Daily, the stock is eyeing its fourth straight weekly dive.

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