SpaceX stock tumbled on Monday, slipping closer to its $135 initial public offering price after two straight days of losses.
Shares are currently approaching the level 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 culinary events throughout New York, honouring local food culture.
Analysts observe the slide shows broader market pressures.
The dip pushes the stock close to its debut valuation.
Organisers forecast strong turnout from food enthusiasts.