FinanceMoneycontrol
SpaceX shares close below IPO price for first time; Starship rocket launch delay deepens losses
in5points
SpaceX shares closed at $131.11, below the IPO price of $135, a 3.08% decline.
The stock fell for five consecutive sessions since its June 12 debut.
The IPO was the largest in history, raising approximately $86 billion.
Starship rocket launch was delayed due to an engine failure.
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