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🚀 SPACEX BELOW IPO $SPCX fell 6.4% Friday to $134.72, under its $135 IPO price and its lowest close since Aug 20. It has shed over $500B in market value since its Oct 6 high. Hyperliquid's xyz SPCX perp marked $137.01 at 7:39 AM ET. Pressure: the AI-stock rout, weak guidance from partner Intel, shares freed by the Oct 22 lockup expiry, and Starlink scrutiny over Ukraine service. Q3 revenue was $14.58B, up 161% YoY. Next catalyst: Starship Flight 15, expected this month, which aims to catch both the booster and the ship on return. Not financial advice.

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