Svmuu News: As SpaceX’s stock price has retreated, some traders have begun betting on further declines through short selling or other bearish strategies. After falling for four consecutive trading days, SpaceX’s stock price has officially fallen below its initial public offering price of $135. From its all-time high, SpaceX’s cumulative decline exceeds 40%, erasing more than $1 trillion in market capitalization, while Musk’s net worth has shrunk by more than $250 billion over the past month. (Financial Times)