SpaceX stock ($SPCX) dips 30% from its post-IPO high as investors weigh a new debt offering. Get the latest analyst insights here.

SpaceX stock has fallen back toward $185 from a $225 peak, as a thin float, new short-selling tools, and a $60bn Cursor deal cool the euphoria.

A rally following the company's record breaking IPO on June 12 has cooled, with stock dropping the past two full days of trading.

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SpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announcement of its first investment-grade…