SpaceX Shares Fall Over 5%, Down 20% From IPO Price
SpaceX shares dropped more than 5% in intraday trading, extending the cumulative decline from the initial public offering price to 20%. The stock has now lost a fifth of its value since its market debut, reflecting continued selling pressure.
SpaceX shares fell more than 5% on the day, and the current price is now 20% below the IPO price.