SpaceX (SPCX) stock hit an all-time low and dipped below its market debut price just as rival Blue Origin shores up its capital position.

Shares hit an all-time low of $145.20 in midday trade before closing at $149.29, below the $150 market debut price for SpaceX.

SpaceX stock tumbled 7% yesterday despite the company’s inclusion in the Nasdaq-100 (^NDX). Typically, the addition to a major stock index would prompt buying from ETFs and mutual funds that track the index.

Some analysts and market strategists suggested that the Nasdaq inclusion was already priced into the stock, and recent Nasdaq weakness wasn’t helping matters. 

An onslaught of generally positive analyst coverage coming on…