Reuters: IPOX® Analyst Kat Liu Comments on SpaceX’s Post-IPO Share Decline
Reuters reported that SpaceX shares fell more than 6% on Thursday as the company’s post-IPO rally showed signs of cooling. Despite the decline, the stock remained more than 30% above its $135 offering price, following a debut that briefly lifted SpaceX’s valuation above $2 trillion.
IPOX® was featured through commentary from VP Kat Liu, who discussed the early volatility surrounding SpaceX’s public-market debut. Liu noted that profit-taking was expected given the scale of the IPO and the stock’s strong initial gains.
The article also highlighted broader weakness across U.S. space-related stocks, muted retail buying activity on Thursday, and investor focus on SpaceX’s valuation, public float, AI expansion plans, and potential bond offering.
“Given the magnitude of the IPO and the strong initial performance, some degree of profit-taking is not surprising.”
“This has been a particularly eventful and shortened trading week for the largest IPO in history.”
Read the full article by Shashwat Chauhan and Jaspreet Singh on Reuters: SpaceX shares fall as post-IPO frenzy loses steam