SpaceX Stock Premarket: SPCX Falls Below IPO Price For First Time
Photo: Coinpedia
SpaceX shares fell 1.19% in premarket trading on Thursday to $134.30, dropping below their initial public offering price for the first time, after a 3.81% slide on Wednesday left them at $135.92. Some reports showed the stock as low as $133.22 in extended trading. Investors are weighing the risk of tougher oversight now that Democrats control Congress. Elon Musk’s close ties to the Trump administration, including his role leading the Department of Government Efficiency, have drawn criticism from Democrats. SpaceX’s Starshield military network also faces questions after Ukraine briefly lost access to Starlink and Starshield services in October.
Also reported by Finbold.
Source: Coinpedia
