SpaceX shares fall 10% after a sharp rise in the first sessions economy

aljazeera.net
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The shares of the American company “SpaceX” fell 10% in midday trading on Thursday on the American Nasdaq Stock Exchange, an indication that the shares of the company owned by Elon Musk on the stock exchange began trading at normal levels.

The share price of SpaceX, which specializes in rockets, satellites and artificial intelligence, stabilized at $173.24, down by 9.7% after recording a decline in the previous session on Wednesday by nearly 5%.

The company’s stock price exceeded $225 the day before yesterday, Tuesday, and the market value of SpaceX exceeded the value of Microsoft to become the fourth largest company in the world in terms of market value.

SpaceX shares began trading last Friday at $135, then the price rose sharply in the first and subsequent sessions until the day before yesterday, Tuesday.



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