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SpaceX stock sinks for a second day as company slips below Amazon in market cap

The company's $100 billion market value decline follows concerns about its financial losses and murky path to profitability, analysts said.

Summary by Ground News
SpaceX shares dropped 3.57% on Thursday, as the stock’s recent rally cooled following a record-breaking IPO last week.

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Reuters broke the news in New York, United States on Thursday, June 18, 2026.
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