SpaceX shares extend losses after $400B sell-off (opens original article in a new tab)

SpaceX shares extended losses after a $400B sell-off, falling more than 4% in premarket trading following a 16% plunge on Monday as the post-IPO rally loses steam.

• SpaceX shares fell more than 4% in premarket trading
• Shares dropped 16% on Monday
• The post-IPO rally is losing momentum