SpaceX shares fall below $135 IPO price despite new Buy rating
SpaceX shares dipped below their $135 initial public offering price in premarket trading Thursday, despite a new Wall Street Buy rating and additional buying by Cathie Wood.
By Al RootSpaceX stock was falling in premarket trading Thursday, dipping below its initial public offering price of $135 in June, following a new Buy rating on Wall Street and more buying from growth investor Cathie Wood.Shares of Elon Musk's rocket and artificial-intelligence company were down 1…