- SpaceX stock fell 6.4% to $134.72 on Friday, below its IPO price of $135 and down 15% from its post-earnings high.
AI-related tech earnings failed to meet investor expectations, triggering a selloff. SpaceX fell 6.4% to $134.72, below its $135 IPO price. Amazon missed EPS estimates, Intel plunged 28.6% on weak guidance, and Alphabet fell 13% on Thursday. The S&P 500 and Nasdaq dropped 1.8% and 2.9% on Friday.
One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.