23-Jun-2026 17:26:03
SpaceX Shares Fall 5% Below Listing Price in Pre-Market Trading
SpaceX shares fell about 5% in pre-market trading, extending a sharp post-IPO selloff that has erased much of the stock’s early gains. The drop came after the shares had already weakened in recent sessions, with investors reacting to valuation concerns and a broader pullback in momentum names. SpaceX’s IPO price was $135 per share, and recent trading has shown big swings around that level as the market reassesses the company’s debut valuation.