SpaceX stock slid on Monday, slipping closer to its $135 initial public offering price after two straight days of losses.
Shares are as of today approaching the benchmark set during the company’s 2025 listing.
Separately, the Food Network New York City Wine & Food Festival, presented by Invesco QQQ, is planned for October 15–18.
The four‑day event will showcase citywide food events across New York, honouring local food culture.
Analysts say the slide shows broader market pressures.
The dip brings the stock near its debut valuation.
Organisers expect strong participation from food enthusiasts.