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Story summary
- SpaceX shares fell to $148 on July 7 after the Nasdaq-100 debut set a $135 floor.
- The IPO priced at $135 on June 12 raised $75 billion and valued the firm near $1.77 trillion.
- Shares opened at $150, rose to $176, and closed at $160.95, the biggest IPO ever.
- The stock peaked at $225 before falling 18 % from high and 35 % from that peak, prompting a $300 target and warning of August volatility.
