Stock Market Movement | SpaceX (SPCX.US) falls by over 9% for three consecutive trading days, accumulating a 20% decline.

According to the Wisdom Finance APP, on Monday, SpaceX (SPCX.US) fell over 9%, closing at $168.10, a cumulative decline of 20% over three consecutive trading days. On the news front, after completing a record-breaking $75 billion IPO, SpaceX issued investment-grade bonds for the first time, which may usher in a large-scale debt issuance to raise funds for its artificial intelligence (AI) business layout. SpaceX stated in the documents that it has initiated the first issuance of senior unsecured bonds, and the specific issuance will depend on market conditions and other factors. The documents also added that these bonds are unsecured and are on an equal footing with all current and future non-senior debts, liabilities, and other payment obligations of the company.