SpaceX stock drops 5.4% to lowest point since Nasdaq debut last month.

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-20
Category: business
Source: AP Business

SpaceX, Elon Musk's rocket company, experienced a 5.4% drop in its stock price, falling below its initial public offering price of $135 a share. This marks the lowest point for the company's stock since it began public trading on the Nasdaq last month.

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