SpaceX stock closes below debut price at $148 in two-day slide after Nasdaq 100 inclusion

AI Summary

SpaceX's stock price fell below its debut price to $148 after two days of trading following its Nasdaq 100 inclusion. The company's IPO raised a record $85.7 billion including the greenshoe overallotment, marking a significant milestone in public market financing.

SpaceX's record IPO raised a total of $85.7 billion after underwriters exercised the "greenshoe" overallotment.