SpaceX Shares Slip Below IPO Price as CZ Signals Bullishness
SpaceX stock has fallen below its initial public offering price, deepening a sharp reversal that has erased hundreds of billions of dollars in market value in less than a month. The decline underscores how quickly sentiment has turned against high-valuation technology and AI-linked names, even as Binance founder Changpeng Zhao, known as CZ, has struck a bullish tone on the companyโs long-term prospects.
