
Why SpaceX (SPCX) Stock Has Crashed Nearly 50% Since Its June Peak
SpaceX stock fell to a record closing low of $113.50 on July 27, extending a very sharp reversal that began shortly after the company saw its debut on June 12. The shares have now lost almost half of their value from the post-IP high above $225 and trade well below the offering price of $135. It’s worth noting that SpaceX was the most-traded tokenized stock before and after its initial public offering on platforms such as Hyperliquid, Binance, and more. Investors Reassess SpaceX’s Valuation After the SpaceX IPO, the firm reached a market capitalization above $2.6 trillion, albeit briefly. By…








