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GUSD
3.8%
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Launch
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#SPCX SpaceX share price continues to hit new lows, falling more than 15% below its IPO offering price.
On its first day of listing, SpaceX opened at $150, and is now trading at $115, down 23%.
There are many reasons for the decline: severe valuation bubble in the IPO pricing, expectations starting to return to rationality, and in August, a large number of employee and investor shareholders begin unlocking their holdings in batches.