SpaceX shares fall below IPO price as tokenized equity volumes explode to $3.86 billion

SpaceX shares fell 40% from their post-IPO peak below $135, dropping below the IPO price. Tokenized equity volumes surged to $3.86 billion, with SpaceX tokens driving 31% of that volume. The decline comes as tokenized equity markets see explosive growth, highlighting the intersection of traditional finance and blockchain-based trading.