SpaceX Stock Price Continues to Decline, Approaching $135 IPO Price

SpaceX (NASDAQ: SPCX) has seen its stock price decline for the second consecutive trading day, currently nearing the $135 IPO price, and has fallen below the opening price of $150 on its first trading day on June 12. Last week, SpaceX was included in the Nasdaq 100 index, prompting related passive funds to complete their allocations. After a rapid increase in stock price during the initial public offering, it has recently entered a correction phase. The Nasdaq has modified its index inclusion rules, allowing newly listed companies to be included in the index within a month of their listing, which enabled SpaceX to quickly enter the Nasdaq 100.

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