RESOLVING THE LEDGER
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Space Exploration Technologies (NASDAQ: SPCX) reported solid Q2 results, but aggressive capex plans and a looming share lock-up expiration sent its shares spiraling. After a strong debut in its June IPO, SpaceX stock has since struggled to find its footing, falling below its IPO price.
Let's take a closer look at its results and prospects and why I think the stock could have further to fall.
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