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2026-07-08T20:54:06.940Z

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SpaceX shares close below offering price amid market fluctuations

SpaceX shares close below offering price amid market fluctuations

SpaceX's stock closed at $148 per share, down from the initial public offering price of $150, marking the second day in a row of decline. The company was included in the Nasdaq 100 index less than a month after its IPO, which generated record revenues of $85.7 billion. This led investment funds to purchase its shares to keep up with the new lineup. The stock reached its highest closing level at $201.80 on June 16, amid expectations of further growth in rocket technology and satellite internet services.

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