SpaceX Shares Fall for First Time Since Blockbuster Debut

SpaceX shares have experienced a decline for the first time since their record initial public offering. This downturn ends a three-day rally that had previously propelled the company past Amazon.com Inc. to become the fifth-largest stock globally. The stock slip follows a period of significant growth, marking the first instance of a price drop since the company's blockbuster debut on the market, effectively halting the momentum of its recent surge in valuation.