IllustrativeCathie Wood Doubles Down on SpaceX as Stock Sinks Below IPO Price, Analysts Eye 86% Rebound
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Cathie Wood has increased her investment in SpaceX as its stock price has fallen below its initial public offering price. Some analysts are predicting a significant rebound, while others are reporting on record losses. It is unclear how Wood's investment strategy is unfolding, with some reports focusing on her SpaceX holdings and others mentioning her activities with different stocks.
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