SpaceX Stock Drops Below $170: Here Is What History Says Investors Should Do

SpaceX stock has declined from over $170 to around $153.63, following its June IPO at $150. Despite volatility including a low of $104.83 in August, the stock has rebounded on positive developments like expansion into wireless services and successful space delivery demonstrations. Historical market data suggests long-term investors should view price pullbacks as buying opportunities, as the S&P 500 has delivered consistent 6-9% annualized returns since 1950.