SpaceX shares fell below their IPO price for the first time, raising questions over tech valuations and investor sentiment as markets await the company's first earnings.

The stock has fallen over 10% since its listing on the Nasdaq on June 8.

SpaceX stock has fallen for three consecutive days, sliding back near its $135 IPO price after erasing over $600 billion in market value since its

SpaceX shares slipped below their IPO price for the first time, signalling fading investor enthusiasm after a strong debut. The decline highlights valuation concerns, broader…