SpaceX stock continues to dominate headlines following scrapped plans for a Starship test flight. Thursday night's stoppage comes as SpaceX shares plumb new lows.
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SpaceX continues to be highly watched stock as the company prepares for its biggest rocket launch yet. Tonight's big event comes as SpaceX shares plumb new lows.
SpaceX stock has lost altitude recently, creating an opportunity for Cathie Wood’s ARK Invest. ARK is a big believer in Elon Musk. Coming into Thursday trading, SpaceX stock was down for three consecutive days and seven of the past nine days, leaving shares just 27 cents above the $135 IPO price.
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SpaceX has surrendered every post-IPO gain in five weeks, landing back at its offering price while one analyst quietly models a valuation that dwarfs the entire cloud computing industry. The question is whether that call is visionary or delusional.
More than half of second-quarter net new assets came from IPO-related wealth-management inflows.
SpaceX shares dipped below their IPO price of $135 on Wednesday morning for the first time since listing, signaling dwindling hype around the Elon Musk company.
Robinhood executives Stephanie Guild and Steve Quirk join Yahoo Finance Executive Editor Brian Sozzi to break down the unprecedented wave of upcoming AI and SpaceX IPOs, the risks of the "Magnificent Seven" market concentration, and why a looming $150 oil shock could test the stock market this summer.
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New arrivals on the stock market often generate plenty of early hype. Their average early returns are less exciting.
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Shares of Musk’s rocket and telecom company slipped under the $135 debut price this week, and selling hasn’t even started yet.
Shares of SpaceX briefly traded below their IPO price on Wednesday, a first for the stock just over a month after going public. The rocket maker’s stock recently traded at $135.38, down 0.5% from yesterday’s close.
Australian brokerage plans more U.S. listings after record SpaceX demand from nearly three million clients.
Anthropic is looking to kick off meetings for its blockbuster initial public offering in the coming weeks, according to a Bloomberg report. The move could help put the AI chatbot maker's IPO firmly ahead of rival OpenAI's. The banks leading Anthropic's much-anticipated IPO are setting up meetings for the company with investors, according to the Bloomberg report, which cites unnamed sources.
The stock has steadily fallen from the euphoric post-IPO high, showing that markets may be sobering up to the promises CEO Elon Musk made before and after SpaceX went public.
The stock has shed about 34% from its peak, pulling SpaceX's market cap down to roughly $1.75 trillion from above $2.6 trillion last month

Chinese chipmaker ChangXin Memory Technologies (CXMT) is preparing for an IPO. Scott Melker explains how the crypto market is already offering pre-IPO trading. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.
SpaceX stock continued its multi-week downtrend Wednesday, officially falling below its IPO listing price.
Shares slipped 2.5% to $132.72 in recent trading. Over the past month they have edged lower; even SpaceX’s addition to the Nasdaq-100 index didn’t boost them. SpaceX is hardly the first big IPO to struggle in early days or weeks of trading.
Investing.com -- SpaceX shares dropped below their initial public offering price for the first time on Wednesday as the post-debut rally continued to fade.
Shares in Elon Musk’s SpaceX have fallen below their initial public offering (IPO) price for the first time since the rocket company went public.
SpaceX shares dropped below their initial public offering price on Wednesday, a first for the company, just over a month after a frenzy over the rockets-to-AI firm powered the biggest IPO ever and made Elon Musk the world's first trillionaire. Its shares slid 1.9% to $133.5, falling below the $135 apiece IPO price and well below the all-time high of $225.64 that had propelled the company's market valuation briefly above those of Silicon Valley giants Microsoft and Amazon. The decline leaves investors who bought into the company at the IPO price sitting on paper losses for the first time, potentially testing confidence in the stock.
SpaceX stock slid on Wednesday, breaching a crucial price level.
SpaceX (SPCX) shares slid on Wednesday, breaching a crucial price level.
SpaceX shares are on watch Wednesday morning after another down day for the stock, and a crucial level almost breached.
Shares closed just $1 above the IPO price as Wall Street remains broadly bullish despite continued selling pressure.
The bank hauled in $148 billion of net new assets in its wealth-management business in the second quarter, over half of which were tied to IPOs.
The historic SpaceX initial public offering was good for Morgan Stanley’s investment banking division. The firm’s wealth division also got a boost from IPOs. Morgan Stanley’s wealth division raked in $148 billion in net new assets in the second quarter, over half of which the firm said was related to IPOs of companies that use the firm’s workplace investing platform.