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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.

All three major US stock indexes were up in late-morning trading Wednesday, as technology stocks led

Shares closed just $1 above the IPO price as Wall Street remains broadly bullish despite continued selling pressure.

SpaceX stock is dangerously close to breaking its $135 IPO price. SpaceX is set to test its huge, fully-reusable Starship for the thirteenth time. Starship promises to dramatically lower the cost of reaching space while dramatically increasing SpaceX’s capacity to put things into orbit.

(Updates with Paramount's comments in the third and fourth paragraphs.) Paramount Skydance's (PSK

A merger between Paramount Skydance (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) is facing new hurdles. In the backdrop of new worries of the merger being approved, Warner Bros. Discovery CEO David Zaslav is cashing out shares. David Zaslav Sells WBD Shares Zaslav is selling shares of the company he leads for the second time this year, cashing in ahead of the highly anticipated merger of two media companies. Zaslav sold 2.18 million shares for $59.47 million, according to a report from

Paramount Skydance's (PSKY) proposed acquisition of fellow media and entertainment giant Warner Bros

California Attorney General Rob Bonta is leading a coalition of 12 attorneys general in filing a lawsuit challenging the acquisition of Warner Bros. by Paramount.

State attorneys general from a dozen states including California, New York and Washington filed a lawsuit to block Paramount Skydance's $110 billion takeover of Warner Bros. Discovery.

AI expansion, index additions, and bullish analyst initiations failed to prevent post-IPO profit-taking.

Chipotle has to deliver on a few fronts soon.

(Updates with a response from the Attorney General's office in the second last paragraph.) Paramo

Paramount's (PSKY) $110 billion acquisition of Warner Bros. Discovery (WBD) could be faced with laws

Recent crypto IPOs left debut buyers down up to 89%, while Kraken, Grayscale and others delayed their planned listings.

Wall Street's major banks are almost all bullish on SpaceX.

You can't buy what may be the fall's biggest IPO yet. But two familiar publicly traded megacaps bought in years ago.

SpaceX, Anthropic, and OpenAI are collectively moving toward public offerings that could rank among the most valuable stock sales ever completed. The flood of new shares entering the market creates selling pressure on stocks that investors already have in their portfolios. Academic research ...

SpaceX now has over $100 billion in capital to deploy.

Alcoa expands upstream portfolio with major South32 dealShares of Alcoa Corporation (NYSE:AA) declined nearly 5% in pre-market trading on Wednesday after the aluminium producer agreed to acquire South32’s bauxite, alumina and aluminium operations in a transaction valued at $4. 1 billion.

In the stock's second week of trading, investors are wondering whether the price swing is an opportunity or a warning.

SpaceX went public on Nasdaq on June 12 with a $75 billion raise and a valuation that eclipsed every initial public offering in history. The stock surged 19% on its first day of trading, closing at $160.95 and briefly trading near a $2.25 trillion intraday valuation before paring gains to finish ...

Today, June 30, 2026, investors tracked the upcoming closing of the TopBuild deal as QXO's trading volume surged.

The aerospace and AI company could struggle to soar higher this year.

Wall Street's biggest IPO cycle in history probably won't crash the market, but it could force investors to rethink their AI portfolios as billions rotate into SpaceX, Anthropic, and OpenAI.

The early signs suggest a clear way to play the dip.

Rocket Lab, RTX, and Palantir offer three different ways to gain exposure to space, defense, and military AI.

U.S. telecom and media giants are moving in opposite directions in midday trading. Comcast (NASDAQ:CMCSA) stock is up 7% to $24.76, while AT&T (NYSE:T) stock is down 5% to $21.52, and Verizon (NYSE:VZ) stock is down 7% to $43.29. The split reflects three distinct catalysts hitting the sector at once. Comcast is rallying on a ... Telecom Turmoil: Comcast Rises 7% on Media Spinoff, AT&T Falls 5% on CFO Exit and Starlink Threat, Verizon Sinks 7% on Dow Exit

The recent initial public offering (IPO) of Space Exploration Technologies Corp. has resulted in a significant financial gain for its former employees, while ex-staff of Jeff Bezos‘ Blue Origin are reportedly unhappy over virtually worthless stock options. SpaceX’s valuation has...

Are layoffs starting to backfire in Silicon Valley? Employees at Meta Platforms are starting to revolt against cuts and reassignments.

Cryptocurrencies tied to decentralized artificial intelligence sold off on June 26 as reports surfaced that OpenAI is leaning toward delaying its initial public offering (IPO). As per The New York Times, the maker of ChatGPT is reportedly planning to hold off until next year. People ...