SpaceX IPO Stumbles but Sits Just Above Offering Price
TL;DR Summary
SpaceX (SPCX) closed at 136.08, only about $1 above its $135 IPO price after three days of losses, leaving the stock near its debut level as it slips from post‑listing highs and erases roughly $850 billion in value. The company was added to the Nasdaq-100 last week, and despite a bullish Wall Street consensus with targets around $236, the stock faces ongoing volatility as insiders are set to unlock and dump shares in the coming months.
- SpaceX Fizzles to Close $1 Above IPO Price Weeks After Debut Yahoo Finance
- Three Reasons SpaceX Stock Is Trading Badly. (One Is China.) Barron's
- SpaceX Shares Are Crashing. Here’s the Price I’ll Start Buying. 24/7 Wall St.
- SpaceX’s stock threatens to fall below the IPO price. Do investors face a ‘crisis’ if it does? MarketWatch
- SpaceX Stock Is Only 3% Away From Complete Humiliation Investor's Business Daily
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