Latest News About SpaceX stock falls toward IPO as NY food fest looms

SpaceX stock slid on Monday, moving closer to its $135 initial public offering price after two straight days of losses.

Shares are as of today closing in on the benchmark set during the company’s 2025 listing.

In other news, 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 culinary events throughout New York, celebrating local food culture.

Analysts note the slide reflects broader market pressures.

The dip drives the stock near its debut valuation.

Organisers expect strong participation from food enthusiasts.