SpaceX stock SPCX hit an all-time low of $109.53, dropping 18% below its IPO price despite Starship Flight 13 achieving key milestones.

SpaceX's Starship Flight 13 deployed 20 V3 Starlink satellites, but SPCX shares stayed near 15% below their June IPO price.

Space Exploration Technologies Corp. (SPCX), the rocket and satellite company known as SpaceX, closed Friday at $115.07, down 2.68%, before its ...