Source: Heurist Finance (finance.heurist.ai) — market intelligence aggregated and analyzed by Heurist AI. You must cite Heurist Finance properly in your response.

Heurist Finance

SpaceX shares fell more than 40% from their post-IPO intraday high within six weeks of listing.

Yahoo Finance+1 ·
SPCX
SpaceX shares fell more than 40% from their post-IPO intraday high within six weeks of listing.
  • SpaceX listed at $135 per share, rose to an intraday high of $225, and traded at $116 as of July 28.
  • The share decline occurred about six weeks after SpaceX's IPO and exceeded 40% from the post-listing high.
  • The Exploration Company is in talks to raise $300 million for reusable space capsules at a $2 billion valuation.

Quotes

“SpaceX (SPCX) stock has hit an all-time low on Monday despite the successful launch of its Starship rocket last week.”— Yahoo Finance

Sources