SpaceX Sinks Another 5.4% Below IPO Price — Buy the Breakdown Before First Earnings?
SpaceX (SPCX) tumbled another 5.43% Friday to $124, sinking further below its IPO price as listing hype fades and US-Iran tensions plus an oil spike hit risk appetite. Debate is heating up over buying ahead of its first-ever earnings — but the broken-IPO dynamic has split investors, some preferring high-dividend names to SPCX. Merger hype and long-term vision aren't offsetting near-term selling. Mispriced opportunity, or a new-issue premium still deflating?
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