🔴 SPACE X is trading 4.4% down today as post-IPO pullback and tech valuation concerns weigh

SPACE X is trading 4.4% down at BRL 47.50 as its post-IPO pullback continues and investors reassess lofty AI and tech valuations.

• The stock has slipped below early trading levels, mirroring recent weakness in high-growth technology names even as broader U.S. indices show only modest moves.
• Sentiment remains cautious amid concerns over the company's rich valuation and ongoing volatility following its Nasdaq-100 inclusion.