SpaceX hits a new post-IPO low

BREAKING: $SPCX hit a new post-IPO low of $135.52.
The stock closed at $136.08, now only about 0.8% above its $135 IPO price.
That is a major sentiment reset for one of the most important growth names in the market.
The business story around launch, satellites, defense, and space infrastructure remains huge.
But the stock is now trading like investors are questioning how much future growth was already priced in.
For $SPCX, the IPO price is becoming the key line to watch.