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Why the Starship Launch Is a Big Deal for SpaceX's Stock

Shares of Space Exploration Technologies Corp (NASDAQ: SPCX), which is better known as just SpaceX, have been rallying in recent weeks. Momentum has been picking up, particularly after the company successfully launched its Starship rocket into space. While this was its 14th successful launch, it was a particularly meaningful one for SpaceX, as it was the first one that made it into orbit.

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