SpaceX shares drop below $135 IPO price as rally that made Elon Musk a trillionaire fizzles

Shares are now below the IPO price, putting IPO buyers into first-time paper losses and raising the risk of confidence testing in the stock. The article frames this as a potential sentiment headwind rather than citing any specific earnings, guidance, or balance-sheet deterioration.

Analysis

Shares are now below the IPO price, putting IPO buyers into first-time paper losses and raising the risk of confidence testing in the stock. The article frames this as a potential sentiment headwind rather than citing any specific earnings, guidance, or balance-sheet deterioration.