SpaceX's Stock Price Falls for the First Time Since Listing, Market Participants See Potential for Buying on Dips
1 week ago / Read about 0 minute
Author:小编   

SpaceX's stock price experienced its first decline since going public, marking the end of a three-day winning streak that had propelled its market value past Amazon, making it the world's fifth-largest stock. The rocket and artificial intelligence company owned by Elon Musk saw its stock price drop by as much as 4.7% on Wednesday, after earlier gains of up to 6% were eventually wiped out. The three-day rally for SpaceX may have come to an end, with the cumulative increase in the stock price shrinking to nearly 50% from its IPO price of $135, and its market value possibly falling below Amazon's once again.