Space Exploration Technologies Corp. Class A Common StockSPCX
▼ NegativeCapitalrelevance
Shares fell after options launch enabling short selling and a $25 billion debt sale that spooked the market.

SpaceX shares continued to decline sharply after options trading began on June 16th, enabling short selling for the first time. The stock, which had surged to $225, fell to a low of $147 as early investors remained locked and no sellers existed in the first four days. Separately, SpaceX raised $25 billion in a debt sale less than two weeks after its IPO, with $90 billion in offers representing nearly four times the amount sought, but the market reacted negatively to the rapid return to capital markets.
Space Exploration Technologies Corp. Class A Common StockShares fell after options launch enabling short selling and a $25 billion debt sale that spooked the market.
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