SPCX sunk another three percent in extended trading after last night’s aborted Starship launch, falling further beneath its IPO price of $135. The record-setting IPO made Elon Musk the world’s first (paper) trillionaire. Today he’s worth $838.1 billion. Concerning. [Image: Down and to the right is never good. https://platform.theverge.com/wp-content/uploads/sites/2/2026/07/spacx-fall.jpg?quality=90&strip=all]

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…

July 15 : SpaceX shares dropped below their initial public offering price on Wednesday, a first for the company, just over a month after a frenzy over the rockets-to-AI firm…