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First reported by bsky
ChatGPT predicts SpaceX stock at $175 per share by July 2026

SpaceX Stock Falls Below IPO Price to Record Low Despite Nasdaq-100 Inclusion

SpaceX's stock dropped to a record low of just over $145 on Wednesday, falling below its IPO opening price of $150. This decline came less than 24 hours after the company joined the Nasdaq-100 index, a milestone that investors had hoped would boost share values. The disappointing performance contrasts with expectations that inclusion in the index of 100 largest non-financial companies would provide positive momentum for the stock.

Victor Tangermann3h ago3 min readenNews
financebusiness
Read on futurism.com

Key quotes

Shares of Elon Musk's SpaceX took a beating on Wednesday, less than 24 hours after the company made its debut in the Nasdaq-100
The stock slid to a record low of just over $145 by late afternoon on Wednesday — below its IPO opening price of $150
a disappointing outcome for investors, who were hoping the Nasdaq-100 inclusion could boost values instead

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SpaceX Officially Joined the Nasdaq-100 and Received a $300 Price Target From Wall Street. Here's Why the Stock Is Falling Anyway.

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