SpaceX slips to $148 after Nasdaq-100 entry

1 min read
Source: CNBC
SpaceX slips to $148 after Nasdaq-100 entry
Photo: CNBC
TL;DR Summary

SpaceX closed at $148, a second straight day below its $150 debut, after being added to the Nasdaq-100 which forced index funds to own shares. The company’s IPO raised $85.7 billion with a greenshoe option; SpaceX had previously peaked near $202 after debut. Analysts remain broadly bullish on SpaceX’s reusable rocket tech, Starlink, and potential AI ventures, even as a minority stay neutral or cautious.

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