2 min readNew DelhiUpdated: Jul 16, 2026 02:31 AM IST
If you invested in the world’s largest IPO, the value of your investment is now less than what you paid.
The shares of SpaceX, which debuted on the tech-heavy Nasdaq at an eye-watering $1.77 trillion valuation, are now trading below their initial public offering price just a month after the rocket and AI company’s market debut.
The company had raised an unprecedented $75 billion and catapulted its owner, Elon Musk, to becoming Earth’s first trillionaire.
The price of a SpaceX share fell about 2 per cent to $132.62 on Wednesday, dropping below its initial listing of $135 in June. When compared to the on-the-day high so far metric, SpaceX stock price has…
