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SpaceX's stock price has dropped to $135 during its IPO, reflecting growing investor skepticism about the company's ability to deliver on its ambitious promises. The decline comes ahead of the highly anticipated Starship launch, which could either revitalize investor confidence or further pressure the stock price.
SpaceX's Starship V3 test flight successfully deployed Starlink satellites and transmitted live space video, but the Super Heavy booster exploded after separation, marking another setback before the company's IPO.
