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SpaceX stock sinks for a second-straight day, nearing $135 IPO price

  • Posted on July 13, 2026
  • By CNBC
  • 0 Views
  • 1 min read
In brief

SpaceX's stock experiences consecutive trading losses, approaching its initial public offering price of $135 following the company's debut on Nasdaq-100 just weeks after going public. The aerospace and artificial intelligence venture, led by Elon Musk, faces market volatility as investors reassess valuations in the competitive space technology sector. This price movement reflects broader market concerns regarding growth stocks and profitability timelines for emerging space exploration enterprises.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

SpaceX stock sinks for a second-straight day, nearing $135 IPO price
SpaceX stock sinks for a second-straight day, nearing $135 IPO price

SpaceX went public a month ago in a record IPO. Elon Musk's space and AI company was added to the Nasdaq-100 last week.
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Author
CNBC

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