SpaceX (SPCX) stock fell before the bell on Tuesday, set to pick up on a three-day run of losses after a massive run-up following its IPO earlier this month. The company also confirmed its first-ever bond issuance in a filing.

Shares in the Elon Musk-led company pulled back nearly 3% in premarket, on the cusp of dropping below $150 apiece.

They closed down 16.4% on Monday, the biggest down day for the newly debuted stock, following a 3.6% drop on Thursday (US markets were closed on Friday for the Juneteenth national holiday) and a 5% drop on Wednesday. The three-day losing streak caps a big pop in the stock following its IPO and first day of trade on June 12.

Shares are now up only 14% from SpaceX’s IPO price of $135. Note…