BUZZ-SpaceX's stock dives to new post-IPO lows
Tesla Motors, Inc.
SpaceX
Tesla Motors, Inc. TSLA | 0.00 | |
SpaceX SPCX | 0.00 |
** SpaceX's SPCX.O stock dives in late afternoon trading and finishes down 6.7% at $115.26 before dropping as low as $115.19 on Weds, lowest since last month's blockbuster debut
** The rockets-to-AI firm's stock, which snapped a brutal 7-session skid on Tues, has fallen 12 of the past 15 sessions and is well below the $135 IPO price
** This as Elon Musk's electric vehicle maker Tesla TSLA.O reports quarterly results after the bell
** At close, SPCX has roughly $1.52 trillion market cap compared to TSLA's $1.4 trillion
