SpaceX stock dropped on Monday, falling closer to its $135 initial public offering price after two straight days of losses.
Shares are currently closing in on the threshold set during the company’s 2025 listing.
In other news, the Food Network New York City Wine & Food Festival, presented by Invesco QQQ, is planned for October 15–18.
The four‑day event will feature citywide food events across New York, celebrating local food culture.
Analysts say the slide reflects broader market pressures.
The dip pushes the stock close to its debut valuation.
Organisers anticipate strong attendance from food enthusiasts.