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● LIVE Updated 2d ago · 17 sources tracked

SpaceX stock falls premarket, continuing selloff after rally and blockbuster IPO

SpaceX shares continue to decline following a record-breaking IPO on June 12. The stock experienced three consecutive down days starting last week, with some reports citing a 10% drop on Monday. Investors are now reacting to a confirmed bond offering and governance concerns.

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What changed

The stock has entered a sustained selloff after an initial surge, with new reports of a confirmed debt offering.

Live updates

  1. SpaceX Stock Slides as Post-IPO Rally Cools

    SpaceX shares continue to decline following a record-breaking IPO on June 12. The stock experienced three consecutive down days starting last week, with some reports citing a 10% drop on Monday. Investors are now reacting to a confirmed bond offering and governance concerns.

    What's confirmed:

    • SpaceX had a record breaking IPO on June 12.
    • The company confirmed its first-ever bond issuance in a filing.
    • SpaceX stock experienced three straight down days.
    • The stock fell on Monday.

    Still unconfirmed:

    • Leveraged single-stock ETFs may be driving the tech sell-off rather than fundamentals.
    confidence 90%