SpaceX's share price falls below its initial offering price for the first time
Shares of SpaceX dropped by 2% to $133, marking its lowest level since its initial public offering at $135 per share, amid selling pressure and volatility following its listing on the Nasdaq-100. The stock declined for the fourth consecutive day since trading began, despite the company raising $86 billion in the largest IPO ever, which helped solidify Elon Musk's position as a founder with a net worth exceeding one trillion dollars.
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