SpaceX stock closes below its IPO price for the first time since it went public

SpaceX stock price
Covered by 7 sources
- Gizmodo AU·6d agoSpaceX Has Lost $1 Trillion in Value Since Its Post-IPO Peak
Elon Musk's trillionaire status keeps receding into the distance.
Read at Gizmodo AU → - Financial Times·6d agoSpaceX and the myth of independent Wall St research
Buy recommendations from IPO banks underscore the limits of post-dotcom reforms
Read at Financial Times → - Guardian AU Headlines·6d agoGina Rinehart’s estimated A$700m profit from SpaceX IPO wiped out as stock price dips
Analyst says mining billionaire unlikely to be worried by lost paper profits after Elon Musk’s company dipped below its debut share price Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Gina Rinehart is among…
Read at Guardian AU Headlines → - NBC News Top·Jul 16SpaceX stock closes below its IPO price for the first time since it went public
Shares of SpaceX continued their sharp descent Thursday and closed below the company’s IPO price for the first time since its June public offering.
Read at NBC News Top → - CNBC Top News·Jul 16Short sellers load up against SpaceX as stock drops below IPO price
About 185 million SpaceX shares are now sold short, representing roughly 29% of the company's publicly tradable float, according to S3.
Read at CNBC Top News → - Economic Times·Jul 16SpaceX short sellers earn $8.7 billion gains as shares dip below IPO price
Short sellers have capitalized on the decline of SpaceX shares, which fell below their initial offering price. Investors who anticipated this downturn borrowed and sold shares for a lucrative gain. Following its IPO peak, SpaceX stock has faced volatility, recently dipping…
Read at Economic Times → - Deccan Chronicle Ent·Jul 16Shares of SpaceX Fall Below Price of Wall Street Debut
Musk's company raised more than $85 billion in June in the largest initial public offering ever
Read at Deccan Chronicle Ent →