SpaceX stock drops over 3% in premarket trading
SpaceX stock was set to open lower after breaking a three-day winning streak, with the stock falling more than 3% in premarket trading.
The decline follows a nearly 5% drop from the previous session, which was influenced by the central bank’s decision to leave interest rates unchanged.
The stock’s valuation had climbed for three days in a row, with SpaceX briefly becoming the fifth-most-valuable stock and surpassing Amazon and Microsoft at points during the week.