Musk’s SpaceX Breaks Below Its $135 IPO Price After a 42% Collapse From Its Peak

SpaceX (Nasdaq: SPCX) fell 3.08% to close at $131.11 yesterday, its first finish below the $135 initial public offering (IPO) price since the rocket maker’s record June debut. A Retreat Ensues The close capped a multi-day slide for Elon Musk’s rocket company, given shares had already touched an all-time low of $132.75 intraday on Wednesday […]