SpaceX shares fell as much as 4.6% in premarket trading
SpaceX shares have fallen for the third consecutive trading day, extending their recent pullback after a strong post-IPO run.
The stock had already declined more than 4.9% on Wednesday and 3.5% on Thursday before U.S. markets closed Friday for the Juneteenth holiday.
The decline in SpaceX shares comes after a period of strong performance following its initial public offering.