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SpaceX stock continued its multi-week downtrend Wednesday, officially falling below its IPO listing price.

Shares slipped 2.5% to $132.72 in recent trading. Over the past month they have edged lower; even SpaceX’s addition to the Nasdaq-100 index didn’t boost them. SpaceX is hardly the first big IPO to struggle in early days or weeks of trading.

Investing.com -- SpaceX shares dropped below their initial public offering price for the first time on Wednesday as the post-debut rally continued to fade.

Shares in Elon Musk’s SpaceX have fallen below their initial public offering (IPO) price for the first time since the rocket company went public.

SpaceX shares dropped below their initial public offering price on Wednesday, a first for the company, just over a month after a frenzy over the rockets-to-AI firm powered the biggest IPO ever and made Elon ‌Musk the world's first trillionaire. Its shares slid 1.9% to $133.5, falling below the $135 apiece IPO price and well below the all-time ‌high of $225.64 that had propelled the company's market valuation briefly above those of Silicon Valley giants Microsoft and Amazon. The decline leaves investors who bought into the company ​at the IPO price sitting on paper losses for the first time, potentially testing confidence in the stock.

All three major US stock indexes were up in late-morning trading Wednesday, as technology stocks led

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A 12-state antitrust lawsuit threatens to delay Paramount Skydance's $110 billion merger with Warner Bros. Discovery, exposing both companies' weak balance sheets to costly penalty deadlines.

Apple is officially shopping. The iPhone maker is quietly exploring acquisitions of semiconductor startups to supercharge its artificial intelligence server capabilities, moving aggressively to close the gap in the high-stakes AI arms race. According to a report from The Information, Apple has been in active talks with investment bankers and semiconductor startups over the past few months to gauge potential buyouts. The driving force behind this push? A pressing need for more horsepower. Current

SpaceX stock slid on Wednesday, breaching a crucial price level.

SpaceX (SPCX) shares slid on Wednesday, breaching a crucial price level.

SpaceX shares are on watch Wednesday morning after another down day for the stock, and a crucial level almost breached.

Shares closed just $1 above the IPO price as Wall Street remains broadly bullish despite continued selling pressure.

The bank hauled in $148 billion of net new assets in its wealth-management business in the second quarter, over half of which were tied to IPOs.

Morgan Stanley is mulling using its pile of excess capital for acquisitions. “Are we seeing opportunities come across the transom that are interesting? We are. Are we potentially looking at stuff that could bolt on to the strategy? We are, but I would tell you right now, the bias continues to be to go organic,” said CEO Ted Pick, referring to organically growing the firm, during a call with analysts.

The historic SpaceX initial public offering was good for Morgan Stanley’s investment banking division. The firm’s wealth division also got a boost from IPOs. Morgan Stanley’s wealth division raked in $148 billion in net new assets in the second quarter, over half of which the firm said was related to IPOs of companies that use the firm’s workplace investing platform.

The move is likely to provide a boost for those pushing for companies to issue some of their stock on blockchain.

Pratt & Whitney, a business unit of RTX (NYSE:RTX), has acquired Dutch technology company Aiir Innovations as it looks to expand the use of artificial intelligence across its aircraft engine inspection and maintenance operations. AI technology to enhance engine inspectionsAccording to a company announcement released on 15 July 2026, Aiir Innovations has developed AI-assisted software that analyses borescope inspection footage, helping engineers identify potential issues more quickly and consiste

(Bloomberg) -- It’s not just Morgan Stanley’s IPO bankers that are benefiting from the frenzy of companies going public in recent weeks.The bank hauled in $148 billion of net new assets in its wealth-management business in the second quarter, over half of which were tied to IPOs, according to a statement Wednesday. SpaceX’s record-breaking listing earlier this year proved to be a field day for Morgan Stanley and its Wall Street peers that helped take it public. Elon Musk’s space and artificial-i

SpaceX stock is dangerously close to breaking its $135 IPO price. SpaceX is set to test its huge, fully-reusable Starship for the thirteenth time. Starship promises to dramatically lower the cost of reaching space while dramatically increasing SpaceX’s capacity to put things into orbit.

The bank reported adjusted second-quarter earnings of $3.46 a share, blowing past Wall Street forecasts thanks to a surge in investment banking revenue.

Chinese investors seeking shares in CXMT's $8.6 billion IPO are betting the Chinese chipmaker's valuation will soar as much as 10-fold after its Shanghai debut on the back of an AI-led upcycle and Beijing's ambition to be technologically self-sufficient. The share offering ‌by CXMT, or ChangXin Memory Technologies, will be Asia's biggest share sale so far this year. Wu Zhou, a fund manager at Shenzhen Deyuan Investment, said he will bid for new CXMT shares, betting that China's top memory chipmaker will ​one day take market share from global giants like South Korea's Samsung Electronics and SK Hynix.

Investors can gain exposure to the space boom through established defense contractors benefiting from Golden Dome spending without relying on SpaceX alone.

Paramount’s merger with Warner Bros. faces antitrust lawsuits, putting $30B in investment and 100M SF in limbo.

The investor said a combined company could use one balance sheet and capital structure to fund Elon Musk’s broader ambitions.

Fast-fashion company could launch its Hong Kong listing as soon as August after regulatory approval.

(Updates with Paramount's comments in the third and fourth paragraphs.) Paramount Skydance's (PSK

Chipotle Mexican Grill (NYSE:CMG), a U.S. restaurant chain offering customizable Mexican-inspired food, is expanding into Mexico with its first location scheduled to open Thursday in the Monterrey metropolitan area. The company is entering the market in partnership with Alsea, a Latin American restaurant operator that manages brands including Starbucks across the region. Chipotle plans to open additional restaurants in Nuevo Leon later this year before expanding into Mexico City in 2027, suggesting the company is taking a phased approach to building its presence in the country.

Chinese large language model (LLM) developer DeepSeek is reportedly preparing for an IPO later this year or in 2027. Yahoo Finance Technology Editor Dan Howley outlines what we know so far.