FinanceNewsAPI
SpaceX stock tumbles 16.4%, shaving off most IPO gains since debut - Yahoo Finance
Overview
SpaceX shares fell about 16.4% on Monday, marking a third straight down day that erased most post‑IPO gains and followed a rapid run‑up after the debut. The slide helped pull Elon Musk’s net worth below trillionaire levels after his brief surge, even as the company’s first bond issuance attracted strong demand and highlighted ongoing investor interest amid valuation and financing questions.
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