BUSINESSKRON4 SAN FRANCISCO
SpaceX stock takes a tumble, shedding most of its IPO gains in two weeks
SpaceX's stock has lost most of its initial public offering (IPO) gains within two weeks, closing 16.4% lower than its opening price at $154.60 per share. The stock also dropped 3.6% on Thursday and 5% on Wednesday before markets closed on Friday.
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Adjacent reporting
- SpaceX stock tumbles 23% from its high as average investors see gains wiped out
- SpaceX's pre-IPO market on Hyperliquid has fallen 27% in three weeks
- SpaceX stock continues to slide as the post-IPO rally cools
- Enhanced Games Owner Sinks 3.5% After Going Public Via SPAC
- SpaceX drops more than 2% following $400 billion selloff
- World shares mostly decline, with South Korea's Kospi down more than 5%