SpaceX shares slide below IPO price for first time as surge fizzles

SpaceX's stock price dipped below its IPO price of $135 for the first time since its record-breaking initial public offering last month, marking a significant downturn just after making Elon Musk the world's first trillionaire. This decline signals a shift in investor confidence, reflecting broader concerns about the company's growth trajectory and market valuation. Such fluctuations underscore the volatile nature of tech-heavy stock markets and have implications for Musk's ambitious plans for the future of space travel and technology.