SpaceX stock price dropped IPO issue for the first time

On Wednesday, 16 July, SpaceX (SPCX.O) stock prices dropped for the first time on IPO issuance, more than a month after the company triggered the investment boom, recorded the largest IPO in history and made Mask the world ' s first trillionaire. SpaceX stock prices reached a historical high of $225.64 — a high point that at one time caused the company to temporarily outperform the market value of Silicon Valley giant Microsoft and Amazon. This decline put investors buying the unit at IPO prices at a loss in bookkeeping for the first time, which could test market confidence in the unit. It's also a reminder that even for a large company like SpaceX, Wall Street's enthusiasm could cool down rapidly - The company had raised approximately $85.7 billion at the end of the first transaction date, with an estimated value of $2.1 trillion。