#spacex Tech News.
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Of 203 companies listed on NYSE or Nasdaq in 2026, 49% have declining share prices. SpaceX, the largest IPO ever, trades at $123, down 45% from its post-IPO high. Green Circle Decarbonize Technology has dropped 88% to 47 cents per share.
SpaceX entered the Nasdaq-100 on July 7th after a rule change requested by the company. Index funds were forced to buy shares, contributing to the IPO pop. The company has a $1.5 trillion market cap but sold less than 5 percent of shares. Lockup expirations in mid-August may increase its index weight.
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