SpaceX shares sink below IPO price
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Stock in Elon Musk’s aerospace giant has erased its post-listing gains as investors question its valuation and China’s advances in reusable rockets
SpaceX shares dipped below their initial public offering (IPO) price on Wednesday, little more than a month after the company’s record-breaking market debut briefly made Elon Musk the world’s first trillionaire.
SpaceX raised a record $75 billion by pricing its IPO at $135 a share in June
SpaceX shares dipped below their initial public offering (IPO) price on Wednesday, little more than a month after the company’s record-breaking market debut briefly made Elon Musk the world’s first trillionaire.
SpaceX raised a record $75 billion by pricing its IPO at $135 a share in June
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