SpaceX shares dip below IPO price of $135, and its Bitcoin holdings make this crypto’s problem too

SpaceX shares experienced a sharp descent on Thursday, closing below the IPO price of $135 for the first time since the company went public in June. This decline highlights the interconnectedness between equity and crypto markets, as the company's Bitcoin holdings contribute to the situation. The dip underscores broader volatility and shifts in risk sentiment, illustrating how SpaceX's financial position makes the current market instability a shared problem for both stock and cryptocurrency investors.