Why SpaceX (SPCX) Stock Has Crashed Nearly 50% Since Its June Peak
Share:
SpaceX stock fell to a record closing low of $113.50 on July 27, extending a sharp reversal that began after its June 12 debut. The shares have lost almost half their value from a post-IPO high above $225 and now trade below the $135 offering price, a decline that could dampen risk-on sentiment and indirectly pressure crypto, DeFi and token fundraising activity.
Predictions Markets
See what traders are focused on
SpaceX stock fell to a record closing low of $113.50 on July 27, extending a very sharp reversal that began shortly after the company saw its debut on June 12.
The shares have now lost almost half of their value from the post-IP high above $225 and trade well below the offering price of $135.
In This News
Coins
$ 115.30
+3.46%
$ 115.41
+3.34%
Predictions Markets
See what traders are focused on
Share:
In This News
Coins
$ 115.30
+3.46%$ 115.41
+3.34%Predictions Markets
See what traders are focused on
Share: