Source: International Business Times
Shares of Elon Musk's rocket and satellite company traded near $126 on Friday, about 7% below their $135 IPO price and more than 40% below their all-time intraday high of $225. 64. Getty Images SpaceX's blockbuster debut on the public markets was widely seen as the event that would reopen the door for billion-dollar technology initial public offerings, but now the aerospace giant's declining share price is cooling investor enthusiasm for the next generation of mega IPOs.
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