businessSource: CNBCPublished
SpaceX Stock Plunges Below IPO Price
business · CNBCSpaceX's stock price has fallen below its initial public offering price of $135 for the first time. The company's shares have been volatile since its historic IPO in June. The stock's decline comes after a recent rule change allowed SpaceX to join the Nasdaq-100.
At a glance
- SpaceX's stock price has dropped 34% below its IPO price.
- The company's shares have been volatile since its historic IPO in June.
- SpaceX joined the Nasdaq-100 last week due to a rule change for newly public companies.