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Happens all the time. No job is guaranteed until you start your first day. Even then, layoffs can happen anytime. Welcome to America.
If you've completed 7 interviews for this company, they definitely would've been considering you for the role. They wouldn't have wasted that much time if they didn't think you would be great for the position.
I manage a global internal recruitment team, that would've been a waste of everyone's time if we were never intending to offer the role externally... but we would also consider internal candidates before looking externally.