SpaceX Stock Is Nearly 30% Below Its Post-IPO High. Here's What Facebook's Stock Did From the Same Spot.
The social network's stock spent months about that far below its own high. What finally brought it back?
SpaceX's stock is trading nearly 30% below its post-IPO high, similar to the experience of Facebook (now Meta Platforms) a decade prior. SpaceX went public at $135 per share in June 2015, and its stock peaked at $201.80 on June 16 of the same year. Currently, shares are hovering around $144, which is roughly 29% below that peak. Facebook, meanwhile, spent much of its first year as a public company trading a third or more below its post-IPO high.
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