NewsMV
SpaceX shares fell again on Friday, extending a drawdown that has now reached nearly 23% since the company joined the Nasdaq-100.
The latest leg came a session after the company called a last-second abort on a Starship rocket test flight.
The Nasdaq-100 entry and the tape since SpaceX's addition to the Nasdaq-100 was the kind of milestone that typically draws a fresh category of institutional buyer and signals expanded visibility.
The stock's behavior since that entry has run the other direction. Shares have retreated nearly 23% from the level where the index inclusion placed them.
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