SpaceX Stock Dips Below IPO Price Amid Post-IPO Volatility
TL;DR Summary
SpaceX briefly traded below its $135 IPO price intraday before finishing at $135.27, marking the first dip below the IPO price since listing and underscoring post-IPO volatility. The IPO valued SpaceX at about $2.2 trillion, and investors are watching upcoming lock-up expirations and the company’s heavy AI push (Cursor acquisition and the xAI merger) as spending and debt concerns persist.
- SpaceX stock erases all its gains and slides below IPO price in intraday trading Los Angeles Times
- Short sellers load up against SpaceX as stock retreats back to IPO price CNBC
- Elon Musk loses trillionaire status as SpaceX stock deflates Fortune
- Short sellers rack up $8.7 billion profit as SpaceX slips below IPO price -Ortex Yahoo Finance
- Short-Sellers Swarm SpaceX With Paper Profit Nearing $4 Billion Bloomberg.com
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