Shares of SpaceX Fall Below Price of Wall Street Debut
16 July 2026 7:43 AM IST16 July 2026 7:43 AM IST
Musk's company raised more than $85 billion in June in the largest initial public offering ever
Shares of SpaceX slid below $135 on Wednesday, breaching the price of its Wall Street debut for the first time.
Shares of SpaceX slid below $135 on Wednesday, breaching the price of its Wall Street debut for the first time as investor demand ebbs for Elon Musk's rocket company.
Near 1615 GMT, SpaceX shares were down 2.0 percent at $133.35, well below the $225 reached last month. Musk's company raised more than $85 billion in June in the largest initial public offering ever.
( Source : AFP )
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