SpaceX stock dropped on Monday, moving closer to its $135 initial public offering price after two straight days of losses.
Shares are now nearing the level set during the company’s 2025 listing.
In other news, the Food Network New York City Wine & Food Festival, presented by Invesco QQQ, is set for October 15–18.
The four‑day event will host citywide food events throughout New York, honouring local food culture.
Analysts say the slide mirrors broader market pressures.
The dip drives the stock near its debut valuation.
Organisers expect strong turnout from food enthusiasts.