SpaceX shares fell 45% from their post-IPO high to $124 as Cathie Wood's ARK Invest bought $52.1M more, alongside Coinbase and Circle purchases.

The stock stands 40% below a peak attained after its IPO last month.

SpaceX stock crashes 40% to $81, well below its $135 IPO price, after briefly hitting $225. The company's 18,712 BTC treasury adds a crypto dimension to the