SpaceX’s share price fell below its listing price on Monday, cutting over a massive from its market value. Traders accelerated reductions as the decline gained pace. Short sellers boosted bets against the company while specialists warned the stock might end next year near current levels due to a large lockup expiration. The drop followed reports flagging stretched valuation assumptions and softer revenue growth expectations. The trading debut comes as the company faces pressure from investment outlooks and market conditions. Market watchers say ongoing concerns about costs and challengers in the satellite market. Portfolio managers have reduced exposure in recent sessions. Volatility has heightened as flow wanes around key levels.