SpaceX stock tumbles 23% from its high as average investors see gains wiped out

Shares of Elon Musk’s SpaceX tech conglomerate plunged 16% Monday to close below their price on June 12, after the company’s massive initial public offering.

Source: [NBC News](https://www.nbcnews.com/business/corporations/spacex-stock-investor-losses-rcna351260)