The Shaky Launch of SpaceX's IPO: A Cautionary Tale for Tech Investors SpaceX's initial public offering (IPO) has gotten off to a rocky start.
Despite debuting on the Nasdaq 100 with a bang, the company's stock price is now 7% below its opening price of $150. The hype surrounding SpaceX's IPO may have contributed to its volatility.
As one of the most anticipated listings in recent memory, the company's stock was expected to be a hot ticket item among investors. However, market enthusiasm can quickly turn to disappointment when reality sets in.