Global Tech Rout—Nvidia, Tesla, More—Hits Markets: Here's What Fueled The Selloff

SpaceX shares fell another 2.6% in early trading after plunging more than 16.4% on Monday, extending a three-day decline that nearly erased the stock's post-IPO gains. The move points to deteriorating investor sentiment and weak near-term price action rather than a fresh operational catalyst.

Analysis

SpaceX shares fell another 2.6% in early trading after plunging more than 16.4% on Monday, extending a three-day decline that nearly erased the stock's post-IPO gains. The move points to deteriorating investor sentiment and weak near-term price action rather than a fresh operational catalyst.