SpaceX Stock Plunges Below IPO Price, Down 48%

SpaceX's stock fell below its IPO price, dropping from $225 to around $115-$124 in about a month—a decline of roughly 48% from its peak. The sell-off erased nearly a trillion dollars in market value, with a key catalyst being an upcoming second ignition test of the Starship rocket that could determine whether the stock rebounds or continues to slide.

Detected & updated continuously · Source: Nebula

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