SpaceX’s stock threatens to fall below the IPO price. Do investors face a ‘crisis’ if it does?
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Space Watch SpaceX’s stock threatens to fall below the IPO price. Do investors face a ‘crisis’ if it does? The company has shed more than $800 billion in market value from its $2.67 trillion peak in less than a month SpaceX is nearly trading back at its initial-public-offering price as recent selling has taken a toll — but experts say not to write off the company just yet. SpaceX SPCX went public at $135 a share a month ago after a record-breaking IPO that valued the company at more than $1.7 trillion. It raised $85.7 billion from investors, making it by far the largest IPO of all time.
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