Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
National
Debjit Sinha

SpaceX stocks: Why is Elon Musk-owned Space Exploration Technologies Corp-SPCX share price at Nasdaq down?

SpaceX stocks are set for a tough trading on Thursday. Elon Musk-owned Space Exploration Technologies Corp share price was down by over two per cent to USD 148.72 in pre-market today. SPCX stock closed at USD 152.16, down by nearly three per cent or 4.38 points at Nasdaq. SpaceX made spectacular stock market debut on Nasdaq earlier in June this year.

This comes as Ukraine said on Wednesday that Elon Musk's SpaceX had restricted "military-grade" Starlink services, hampering Ukrainian drone strike missions and air defenses.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.