SpaceX (SPCX.US) shares fell sharply on Friday, dropping as much as 4.6% to $125.13 per share, bringing the company's total market value down to $1.65 trillion, more than $1 trillion below its all-time high. SpaceX had reached $2.64 trillion at the close on June 16 (the third day after listing). After completing the largest initial public offering (IPO) in history, SpaceX's stock initially surged but has since continued to decline, now falling below the offering price of $135. Previously, the 1

SpaceX (SPCX.US) shares fell sharply on Friday, dropping as much as 4.6% to $125.13 per share, bringing the company's total market value down to $1.65 trillion, more than $1 trillion below its all-time high. SpaceX had reached $2.64 trillion at the close on June 16 (the third day after listing). After completing the largest initial public offering (IPO) in history, SpaceX's stock initially surged but has since continued to decline, now falling below the offering price of $135. Previously, the 1

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SpaceX (SPCX.US) shares plummeted on Friday, falling as much as 4.6% to $125.13 per share, reducing the company’s total market value to 1.65 trillion USD, with over 1 trillion USD set to evaporate from its historical peak. SpaceX reached 2.64 trillion USD at the close on June 16 (the third day after its listing). Following the completion of the largest initial public offering (IPO) in history, SpaceX’s stock soared sharply but has since continuously declined, now falling below the issue price of $135. Previously, the 13th test flight of its "Starship" rocket was canceled due to an engine ignition issue. Musk stated that the next launch attempt is expected in a few days.

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