SpaceX stock tumbled on Monday, falling closer to its $135 initial public offering price after two straight days of losses.
Shares are as of today closing in on the level set during the company’s 2025 listing.
In other news, the Food Network New York City Wine & Food Festival, presented by Invesco QQQ, is scheduled for October 15–18.
The four‑day event will feature citywide culinary events around New York, honouring local food culture.
Analysts note the slide shows broader market pressures.
The dip brings the stock close to its debut valuation.
Organisers expect strong turnout from food enthusiasts.