SpaceX stock continues to slide as the post-IPO rally cools

SpaceX stock dropped 10% Monday, extending a losing streak that began last week after an early surge pushed the company's valuation past Amazon and Microsoft

Ethan Swope / Bloomberg via Getty Images

Shares of SpaceX shed 10% on Monday, marking the third straight session of declines since an opening burst of enthusiasm greeted the company's Nasdaq $NDAQ debut.

The decline extended a slide that began last week. In the immediate aftermath of its debut, the stock climbed sharply over the first two trading sessions, at one point vaulting SpaceX's market capitalization above both Amazon $AMZN and Microsoft $MSFT before giving back those gains after pricing its IPO at........

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