On July 16, according to CCTV Finance, SpaceX, the American aerospace manufacturer and space transport services company, has been publicly traded for over a month. Recently, the company's stock price has shown significant volatility. During intraday trading on the 15th, it briefly fell below the IPO price of $135 per share, marking the first time it has dropped below its initial offering price. On the 15th, SpaceX's stock price dipped to $132.15 per share, below the $135 IPO price, before closing at $135.27, down 0.6% from the previous trading day, marking the fourth consecutive day of decline and nearly erasing all gains since its IPO. Analysts point out that the market is becoming cautious about the costs and returns of infrastructure in the artificial intelligence sector, raising doubts about the prospects of SpaceX's xAI business. Additionally, the upcoming end of the lock-up period for shareholders adds further downward pressure. Data shows that since its IPO on June 12, SpaceX's stock price had previously peaked at $225.64.
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SpaceX Experiences First Drop Below IPO Price Since Going Public
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