Business & Markets
SpaceX shares drop below debut price
Shares of SpaceX fell below $135 on Wednesday, moving below the price of the company's Wall Street debut for the first time as investor demand weakened.
Near 1615 GMT, shares in Elon Musk's rocket company were down 2.0 percent at $133.35. The price was far below the $225 level reached last month.
SpaceX raised more than $85 billion in June in what the source described as the largest initial public offering ever.
Update
Near 1615 GMT, SpaceX shares were down 2.0 percent at $133.35.
The shares fell below $135 and below their Wall Street debut price for the first time.
The source says the shares were well below the $225 level reached last month.
The source says SpaceX raised more than $85 billion in June in the largest initial public offering ever.
Source note: AFP news report published on 15 July 2026 at 16:27:15 UTC.
Source
AFP news report published on .