SpaceX Share Price Falls Below IPO Level a Month After Elon Musk's Market Debut

SpaceX stock prices have fallen below the initial public offering price of $135 for the first time. This significant downturn for Elon Musk's rocket and AI company occurred just over a month after the company began trading publicly. The decline marks a notable shift in market value following the company's debut, as shares now trade lower than the original IPO level established during its transition to the public market.