Musk's Meteoric Fall: What's Behind SpaceX's Plummeting Stock Price? Just over a month after its initial public offering (IPO), SpaceX has seen its share value drop below its listing price of $135.
The company's stock price is now hovering around $132, leaving investors who bought in at the IPO facing a loss.
The decline from its post IPO peak is a stark reminder that even the most hyped and promising ventures can fall victim to market fluctuations.