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SpaceX shares gained 4%, ending a three-day losing streak for the space and AI company.
The advance came as the stock recovered some ground given back since an initial surge following the company's record-breaking initial public offering, with the day's gains later pared.
Post-IPO Surge Had Already Faded SpaceX's IPO was record-breaking, drawing significant investor attention at listing.
Shares initially jumped following the offering before giving back ground over three consecutive losing sessions. The 4% gain marked the first positive session in that stretch, offering partial relief from the slide.
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