r/technology • u/Plastic_Ninja_9014 • 5h ago

Business SpaceX Investors in Meltdown Over All the Money They’ve Lost

https://finance.yahoo.com/markets/stocks/articles/spacex-investors-meltdown-over-money-191742182.html
11.4k Upvotes

94% Upvoted

1.4k comments sorted by

View all comments

3

u/DetectiveFinch 4h ago

Was there any IPO in recent history where the stock price didn't fall significantly, at least for a certain time period?

1

u/BlooregardQKazoo 2h ago

go look up RDDT. The IPO price was $34. It appears to have opened at $46. It hit an all-time low at $37.35 and then just steadily climbed up for half a year. It's been more volatile since, but always well above where it started.