On July 16, the Financial Times reported that on Wednesday local time, SpaceX's stock price fell below its IPO issue price of USD 135 during trading, marking its fourth consecutive trading day of declines and continuing its recent downward trend. Since reaching its peak after the record-breaking IPO, its market value has shrunk by over USD 1 trillion. Previously, SpaceX completed its IPO by raising USD 86 billion at a valuation exceeding USD 2 trillion, but its stock price has since cumulatively dropped by 40%, significantly reducing the value of Musk's stake. Currently, investors are focusing on the company's first financial report after going public and its 13th Starship test flight.