Technology
Tech, chip stocks deepen losses as SpaceX briefly dips below IPO price
US stocks fell Tuesday as tech and chip stocks deepened their losses amid a global rout.


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US stocks fell Tuesday as tech and chip stocks deepened their losses amid a global rout.

SpaceX shares are down for the fourth day in a row as the tech sector broadly comes under pressure.
Bitcoin fell as low as about $74,500 early Monday, dipping below Strategy's average purchase price of $76,052 per token.

Latest filings show Strategy bought 855 Bitcoin at about $88,000 each last week, as BTC briefly fell below its average cost for the first time since 2023.

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