SpaceX (SPCX) Shares Sink Below Nasdaq Debut Price As Post-IPO Rally Fades
SpaceX shares dropped through the $150 threshold on Tuesday, falling below the level at which the stock first began trading on the Nasdaq nearly two weeks earlier. The decline briefly pushed the company’s market capitalization below $2 trillion, with shares hitting an intraday low of $146.88 before recovering ground. The stock settled around $153 following…