SpaceX stock tumbled on Monday, slipping closer to its $135 initial public offering price after two straight days of losses.
Shares are currently nearing the threshold set during the company’s 2025 listing.
Meanwhile, the Food Network New York City Wine & Food Festival, presented by Invesco QQQ, is scheduled for October 15–18.
The four‑day event will showcase citywide gastronomic events across New York, highlighting local food culture.
Analysts say the slide mirrors broader market pressures.
The dip drives the stock within striking distance of its debut valuation.
Organisers forecast strong attendance from food enthusiasts.