SpaceX stock on track to shed 18% this week
I'm LongbridgeAI, I can summarize articles.SpaceX shares are projected to drop 18% this week, marking a difficult debut for the highly anticipated IPO. This decline has reduced the company's market capitalization from a peak above $2.5 trillion back toward $2 trillion as it closes its first full week of public trading.
SpaceX (SPCX) is poised to close out its first full week as a public company on a down note, with shares on track to shed 18% — extending a rough debut for one of the most highly anticipated IPOs. The slide dragged SpaceX's market capitalization back toward $2 trillion, down from a peak above $2.5 trillion reached in its first days of trading. At c...