After surging nearly 50% since its record-breaking IPO, SpaceX shares declined for the first time as investors booked profits, broader market weakness weighed on sentiment, and traders assessed the company's path toward major index inclusion.
Elon Musk-led SpaceX is preparing for one of the most anticipated public listings in recent years. The company has reportedly begun its IPO roadshow and is targeting a massive fundraising exercise ahead of its expected Nasdaq debut later this month.
