Cyprus Mail20 Jul 2026

SpaceX shares slide towards IPO price in confidence test

SpaceX shares slide towards IPO price in confidence test

SpaceX’s slip close to its initial public offering price risks turning a marquee stock-market debut into a ​confidence test, potentially unsettling retail investors and complicating decisions for other companies weighing high-profile listings.

Elon Musk’s company, spanning rockets to AI, debuted on ‌June 12 and soared in the ensuing days, at one point valuing the company at well above $2 trillion....

This is a summary. Read the full article at Cyprus Mail.

Read full article