India, July 21 -- SpaceX shares have been falling almost every day recently. The stock has dropped in 10 out of the last 11 trading sessions, showing a strong losing streak after its big IPO rally. The stock closed at $119.99 on Monday. It slipped another 0.3% during the latest trading session. This is a huge fall from recent highs. SpaceX shares were trading above $170 in early July, but have now lost around 30% of their value in just a few weeks.

SpaceX had a dream start after its IPO. The Elon Musk-led company launched its long-awaited IPO in June 2026, and investors rushed to buy the stock. The IPO opened at $150 per share. That was already an 11% jump from the IPO price before regular trading began. The excitement continued on the f...