[SpaceX Stock Price Falls Below IPO Offering Price for the First Time] According to Golden Finance, on Wednesday, July 16, SpaceX (SPCX.O) stock price fell below its IPO offering price for the first time. This comes just over a month after the company sparked an investment frenzy, set a record for the largest IPO in history, and made Elon Musk the world's first trillionaire. SpaceX's stock price once reached an all-time high of $225.64—this peak briefly pushed the company's market value above Silicon Valley giants Microsoft and Amazon. This decline marks the first time investors who bought the stock at the IPO price are facing paper losses, potentially testing the market's confidence in the stock. It also serves as a reminder that even for a company as massive as SpaceX, Wall Street's enthusiasm can cool rapidly—the company raised approximately $85.7 billion on its first trading day, with a valuation reaching about $2.1 trillion.