In a major blow to Elon Musk’s rocket company Space Exploration Technologies Corp. (SpaceX), the share price has plunged below the psychologically important $135 level for the first time.
The stock have fallen over 40% since its all-time high of $225.64 after listing to $132.15 on Wednesday. The issue price for the IPO was set at $135.
(This story will be updated shortly)