SpaceX stock has also dropped below their IPO price. It doesn't change their current financials but it may make it more difficult to raise money in the future.
You missing the point...the 4% that is what caused the artificial scarcity.
Slightly over subscribed would say yes, but vastly over subscribed indicates they went too low?
does low float and high demand drive the price up? the article just says more volatility which makes sense, but over subscribed would make me think it would have a higher price. Everyone is already bailing on their positions?
Yeah, up 50% over 5 days, back down to the starting line over the next 30 isn't a great outlook to my eye.