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SpaceX Stock Splashes Down, Undercuts IPO Price

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01:14 PM ET 07/15/2026

SpaceX stock fell on Wednesday to officially undercut its IPO listing price. Shares of Elon Musk's rocket and AI company have trended lower the past two weeks, continuing to retreat from the mid-June high that followed the stock's public debut. SpaceX (SPCX) stock slid about 2% Wednesday to trade near 134, below its IPO listing price of 135 per share.…