The selloff continued for a third straight trading day, with SpaceX shares down almost 24% from the post-IPO high. The company's market capitalisation fell back below Amazon and Microsoft after briefly surpassing both the previous week.
Why it matters
A 16% one-day drop shows that public markets do not have to support a pre-IPO narrative after listing.
What investors should watch
This is the third part of the SpaceX story: the IPO was strong, but volatility arrived quickly.
This article is market context, not investment advice and not a promise of returns. It highlights where capital is moving, which companies are reaching the next stage, and which risks should be checked before any decision.
Source: cnbc.com