Experts: Expect Volatility in SpaceX Stock After IPO

Written By James Pittman

Just days after its historic initial public offering that made it’s founder and CEO the world’s first trillionaire, SpaceX stock its tumbling out of orbit.

Shares for SpaceX are down 10 percent since the IPO, which was issued on June 12, trading at $173 a share.

The offering made Elon Musk, the company’s founder and Chief Executive Officer, the world’s first trillionaire.

Experts said that the stock could be volatile for trading in the coming days as experts and shareholders and funds weigh the risks of owning the stock.

James Pittman
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