SpaceX IPO Price Drop Chills IPO Market
SpaceX stock price falling below IPO price has chilled the IPO market, with diverging performance among new listings. As of July 15, the weighted average return of US IPO companies dropped to 6%, lagging the S&P 500 gain. Stocks in hot sectors like AI infrastructure and aerospace retreated, market sentiment cooled, and investors need to watch valuation pressure.
