SpaceX stock tumbled on Monday, falling closer to its $135 initial public offering price after two straight days of losses.
Shares are now nearing 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 scheduled for October 15–18.
The four‑day event will feature citywide gastronomic events throughout New York, honouring local food culture.
Analysts observe the slide reflects broader market pressures.
The dip pushes the stock near its debut valuation.
Organisers anticipate strong attendance from food enthusiasts.