Investor enthusiasm wanes as SpaceX falls below the IPO issue price of $135

SpaceX's stock price has fallen for four consecutive days, dropping below the IPO issue price of $135 for the first time, closing at $133.35. Previously, the stock had reached a high of $225, with a market capitalization that once surpassed Microsoft and Amazon. Last month, SpaceX completed the largest IPO in history, raising over $85 billion

(Agence France-Presse New York, 15th) As market enthusiasm wanes, billionaire Elon Musk's SpaceX has seen its stock price decline for four consecutive trading days in the U.S. stock market, falling below its initial public offering (IPO) price of $135 for the first time.

According to Agence France-Presse, around 16:15 GMT, the stock price of SpaceX fell by 2%, reporting at $133.35 per share, far below the peak of $225 per share reached last month.

Last month, SpaceX raised over $85 billion through its IPO, setting the record for the largest IPO in history, and making founder Elon Musk the world's first trillionaire.

After going public, SpaceX's stock price soared, briefly surpassing tech giants like Microsoft and Amazon in market capitalization