SpaceX Stock Experiences Volatility After IPO, Investor Enthusiasm Cools

New York. It has been a month since SpaceX, led by Elon Musk, made history in the stock market. The intense investor enthusiasm seen during the public stock offering (IPO) on June 12 has now reached a 'wait and see' situation to some extent.

BBC has reported in its news that SpaceX's stock price has seen considerable fluctuations in its first month as a public company. Although the company set a price of $135 per share, it reached $176 on the first day of trading and closed at $160.95. This was registered as the world's largest IPO.