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SpaceX's Stock Has Fallen Below Its IPO Price. Now It Has 'Dampened the Mood' For Other IPOs

SpaceX
International Business Times Fews App News Provider
Fews App Post Time há 1d

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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