SpaceX Stock Price Drops for Second Consecutive Day, Approaching $135 IPO Price

BlockBeats News, July 13th, according to Bit.com market data, the stock price of SpaceX (NASDAQ: SPCX) has fallen for the second consecutive trading day, further approaching the $135 IPO price, and has now dropped below the opening price of $150 on June 12th, the listing day.

Previously, SpaceX was included in the Nasdaq 100 index last week, driving passive funds tracking the index to complete their allocation. However, after experiencing a rapid rise in the early days of trading, the stock price has entered a correction phase recently. Nasdaq had also modified the index inclusion rules to allow newly listed companies to be included in the index as quickly as one month after listing, enabling SpaceX to quickly join the Nasdaq 100.