SpaceX stock dropped on Monday, slipping closer to its $135 initial public offering price after two straight days of losses.
Shares are currently approaching 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 gastronomic events around New York, celebrating local food culture.
Analysts say the slide shows broader market pressures.
The dip pushes the stock within striking distance of its debut valuation.
Organisers anticipate strong participation from food enthusiasts.