SpaceX stock slid on Monday, falling closer to its $135 initial public offering price after two straight days of losses.
Shares are as of today approaching the level 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 feature citywide culinary events across New York, celebrating local food culture.
Analysts say the slide mirrors broader market pressures.
The dip brings the stock within striking distance of its debut valuation.
Organisers forecast strong turnout from food enthusiasts.