SpaceX Honeymoon Ends: Stock Crashes 7% Below IPO Price on Nasdaq-100 Debut as Wall Street Targets Diverge by $800
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SpaceX stock has fallen 7% below its initial public offering price on its debut on the Nasdaq-100. The decline occurred despite some bullish reports from wall street. The stock has hit an all-time low, with target prices from wall street firms diverging, including a $300 target set by morgan stanley.