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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.

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.

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.

U.S. stocks fell as a sharp selloff in chip stocks rattled investor confidence in the artificial-intelligence trade.

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

Bernstein cut price targets on AT&T, T-Mobile and Verizon on views Elon Musk's Starlink poses a competitive threat. SpaceX stock fell.

The two billionaires exchanged barbs on X over Apple's allegations that OpenAI is stealing operational secrets related to Apple's proprietary hardware.

Global investment banks and brokerages leading SK Hynix's mega share sale earned ‌nearly $260 million in fees, a boost for the ‌industry which took in a relatively modest $500 million from SpaceX's record share ​sale last month. The fees equate to about 0.97% of the total amount raised, SK Hynix's filings showed, meaning bankers earned more as a percentage of deal size than those ‌who worked on ⁠SpaceX's initial public offering. SpaceX bankers earned 0.67% or $500 million of the $75 billion in an IPO ⁠which eclipsed the previous record set by Saudi Aramco in 2019, as well as SK Hynix's U.S. listing this week.

A dormant SpaceX Bitcoin wallet just moved for the first time in six months, and the crypto market is paying close attention to what comes next. In an X post, blockchain intelligence firm Arkham flagged the transaction on Wednesday, noting that a tagged SpaceX address made a test transfer of ...

It was a failure to launch for SpaceX shares on their first day in the Nasdaq-100. Amid a broad decline in tech stocks, the rocket maker’s shares dropped 6.8% to $149.47—above their IPO price of $135, but down from a peak above $200 and below the $150 price where shares began trading on June 12. Mutual and exchange-traded funds with roughly $800 billion in assets under management have been expected to buy SpaceX shares to mirror the Nasdaq-100’s performance, providing a guaranteed source of demand that some hoped might lift the stock.

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

Brace for volatility as SpaceX joins the Nasdaq-100, Waller defends Fed’s use of forward guidance, and more news to start your day.

Dow Jones Futures: AI stocks rallied, with Astera, Bloom Energy and Tesla higher. But SpaceX stock dropped ahead of Nasdaq-100 inclusion.

Investors are assessing strong momentum for hardware companies in the first half of the year.

Stock Market Today: The Dow Jones index fell Monday, while tech futures rallied. Micron stock and Sandisk rebounded in premarket trading.

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.

AT&T has spent years telling investors the same story. Build more fiber, build a stronger wireless network, and the payoff will come. For a while, Wall Street bought it. The telecom stock held up even as rivals stumbled, and management kept pointing to 2030 as the finish line for its ...

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 ...

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.

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.

By Noel Randewich June 26 (Reuters) - Shares of SpaceX rose a marginal 0.15% on Friday ahead of its inclusion in Russell indexes, with passively managed funds tracking those benchmarks required to add

When Elon Musk's SpaceX (Nasdaq: SPCX) made its public debut on June 12, crypto traders were ecstatic that a publicly listed Wall Street giant holds Bitcoin (BTC) on its balance sheet. The accumulation is not surprising, given that Musk himself has hailed cryptocurrencies like ...

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 ...