$1,000 invested in SpaceX stock a month ago is now worth

Despite promising a rally early in the month, October proved a losing month for SpaceX (NASDAQ: SPCX ) investors . Indeed, after closing at $150.86 on September 30, SPCX shares saw some volatility and even a climb above $170, only to ultimately decline to $137.46 at press time on the morning of October 30. Under the circumstances, investors who hoped that, after slowly grinding higher through September, SpaceX stock would soar like in August, thus investing $1,000 in the equity a month ago, would have suffered a stinging loss. Indeed, such an investment would have lost 8.89% – $88.90 -, and the position would have dropped to $811.10 by Friday morning.

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