FinanceMoneycontrol

SpaceX stock is down nearly 50% from its IPO euphoria. Here's what went wrong

in5points
  1. SpaceX stock fell nearly 50% from its IPO peak, closing at $116.06 in July.

  2. The freefall occurred within five weeks of its peak, erasing IPO euphoria gains.

  3. The stock decline turned Elon Musk into a 'former' trillionaire.

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Mostly straight facts, with a light government- or market-friendly tilt.

About how the story is framed, not whether the facts are true.

Moneycontrol

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Who owns this?

Mukesh Ambani

Network18

Reliance Industries (Mukesh Ambani)

Wikipedia: Mukesh Ambani