The post Why is SpaceX Stock Dropping Today? appeared first on Coinpedia Fintech News
SpaceX shares have fallen sharply after a rapid post-IPO surge pushed the stock from $150 to $225.64 in just five days. The main reason is not a sudden deterioration in the business but the company’s extremely small public float. Only about 556 million shares are tradable out of roughly 13 billion outstanding shares, meaning a …