SpaceX share price crashes back to earth following results

Track all markets on TradingViewHaving smashed through the record for the largest initial public offering (IPO) in history back in June, SpaceX (NASDAQ:SPCX) announced results for the first time as a public company on 4 August.SpaceX’s IPO saw its shares skyrocket, gaining 19% on their first day and a further 25% over the following two sessions. But by market close on 4 August, ahead of the earnings release, they had fallen to $125.33 – 7% below the IPO price of $135 and 44% below th