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SpaceX shares have reversed roughly 31% from their record high, leaving investors weighing how much further the newly public stock could fall. Key Points: SpaceX has fallen about 31% from its record high of $225.64, reached Jun. 16. Musk's fortune dropped under $1 trillion to roughly $950 billion, e

SpaceX shares have erased much of their post-IPO surge, pushing Elon Musk below the $1 trillion wealth mark after a brief run at the top. Key Points: SpaceX shares have fallen 31% from their Jun. 16 peak of $225.64. Musk’s fortune dropped to $957 billion, according to the Bloomberg Billionaires Inde

Coinbase launched pre-IPO perpetual futures tied to OpenAI on Jun. 22, joining Binance and fueling speculation that the ChatGPT maker could follow SpaceX onto public markets. Key Points: Coinbase opened OpenAI pre-IPO perpetual futures on Jun. 22, matching an earlier Binance contract. Pre-IPO perpet

SpaceX shares continued to retreat after one of the most dramatic public market debuts in recent history, as investors weighed valuation concerns, dilution risks and the gradual normalization of trading conditions. Key Points: SpaceX shares have fallen about 18% from their Jun. 16 peak after surging

SpaceX critics say the IPO could turn new buyers into exit liquidity, but the filing and lock-up terms show insider selling remains limited. Key Points: The IPO sold newly issued shares, not stock from existing holders. Insiders and major investors still face staged lock-ups before they can sell. Re