SpaceX stock tumbled on Monday, moving 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 planned for October 15–18.
The four‑day event will showcase citywide food events throughout New York, highlighting local food culture.
Analysts say the slide mirrors broader market pressures.
The dip pushes the stock near its debut valuation.
Organisers anticipate strong attendance from food enthusiasts.