Elon Musk's ambitious space exploration and artificial intelligence venture, SpaceX and X Corp, has taken a significant hit as its shares plummeted below their initial public offering (IPO) price. The decline marks a turning point for the company, which was valued at over $560 billion when it listed on the stock market. Investors are now eagerly watching to see if the downturn is a temporary blip or a sign of deeper issues within the company. As one of the most influential and innovative companies in the tech industry, the performance of SpaceX and X Corp's shares is being closely monitored by analysts and investors alike.
Shares of Elon Musk’s rockets and AI company have slipped below their listing price for the first time
