SpaceX shares fell for the first time since the company’s Nasdaq debut, ending a three-session rally that had lifted Elon Musk’s rocket and AI company above Amazon in market value. The stock dropped as much as 4.7% on Wednesday, wiping out an earlier 6% intraday gain, after trading nearly 50% above its $135 IPO price during the run-up. The reversal followed one of the largest first-week increases in market value for a newly listed company. SpaceX priced 555.6 million Class A shares at $135 ea...

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