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SpaceX stock falls below $135, highlighting IPO aftereffects
MarketWatch notes that close to half of major IPOs trade below their offering price and often remain there for years, a pattern it says also applies to SpaceX.
MarketWatch examines whether SpaceX’s stock should be viewed negatively after it fell below the $135 level.
The outlet points to a broader IPO pattern, saying close to half of major initial public offerings sink below their offering price and stay there for several years.
MarketWatch frames the move as part of that history, arguing SpaceX is not an exception to the trend following big IPOs like Meta’s.