SpaceX's Stock Plummets After Record IPO Surge

Following a record-breaking initial public offering (IPO), SpaceX experienced a dramatic stock price decline, erasing approximately $600 billion in market value. The company raised $85.7 billion during its Nasdaq debut but saw shares fall from an intraday high of $225.64 to close at $154.60 by June 22.

By Damilola Esebame · TheStreet ·

SpaceX's Stock Plummets After Record IPO Surge

Tickers: $SPCX

Topics: bond offering IPO SpaceX valuation stock collapse

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