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But the stock has since tumbled, down roughly 50% from its record high on June 16 and down 20% from the IPO target price of $135 a share.—
John Towfighi,
CNN Money,
6 Aug. 2026 The stock has been volatile since its debut, first trading up 49% in a matter of days, only to fall below the IPO price within just over a month.—
Bloomberg,
Mercury News,
5 Aug. 2026 While SpaceX reported better-than-expected revenue for the second quarter in its first earnings report since its record IPO in June, concerns over growing capital expenditures weighed on its its stock, which fell about 7% in extended trading.—
Justina Lee,
CNBC,
5 Aug. 2026 Seven weeks later, SpaceX trades below $110, far below its IPO price.—
Anastasia Atamanchuk,
Fortune,
5 Aug. 2026 See All Example Sentences for IPO