THE DAY, IN CONTEXTPolaris InsightsAn AI-powered comprehensive news portal

POLARIS INSIGHTS

Is SpaceX Stock a Buy After Plummeting 28%?

Space Exploration Technologies (NASDAQ: SPCX), or SpaceX for short, was the largest IPO in history. Despite going public at a $1. 8 trillion valuation, the stock surged from its IPO price of $135 to as high as $225 per share. However, since then, it's been mostly downhill. The stock plunged to $105 just weeks after going public, but has since recovered to $144. That's still roughly 30% below its high.

Read the full account of the story

More from the Markets desk

More from Markets · Back to Polaris Insights