$SPCX Slides Below $140 to Fresh Post-IPO Low
The drop extends a roughly 30% retrace from the private share peak and puts $SPCX back near its first-day print, a notable test of demand for Musk's most anticipated listing.
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The drop extends a roughly 30% retrace from the private share peak and puts $SPCX back near its first-day print, a notable test of demand for Musk's most anticipated listing.
A $900 share price would value SpaceX above current private-market marks, with Citi's bull case leaning on Starlink scaling and the launch cadence.
The 10.5% slide in the secondary market for SpaceX marks a record single-session drawdown for the most valuable private company on Earth, and reignites the Musk-concentration risk debate that has…