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Everyone who bought the SpaceX (SPCX) IPO is officially losing money

Investors who purchased SpaceX stock at its initial IPO price of $135 per share are now experiencing losses as the stock value has dipped below this mark. The company, which initially focused on space exploration, has pivoted towards AI technology, absorbing Elon Musk's xAI and focusing on orbital data centers.

Article tone: Very negative
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