The Irish Times·3 min read·medium

SpaceX falls back to Earth after IPO frenzy

P
Proinsias O'Mahony
SpaceX falls back to Earth after IPO frenzy
AI Summary

SpaceX shares have dropped significantly below their IPO price shortly after a highly publicized market debut. The article critiques the practice of index providers fast-tracking volatile new stocks into major indices like the Nasdaq-100.

SpaceX has achieved a remarkable feat: its shares have already fallen back to Earth.

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