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Shares of SpaceX<\/a> slipped for a second trading day on Monday, bringing Elon Musk<\/a>‘s company closer to its $135 initial public offering<\/a> price just days after making its entrance into the Nasdaq-100<\/a>. <\/p>\n Now through its first month as a public company, the stock has been volatile since its June 12 debut, and is down about 7% from its first trade of $150.<\/p>\n The blockbuster debut, which saw Musk briefly become the world’s first trillionaire, was expected to be the first of other highly-anticipated IPOs in the artificial intelligence<\/a> space, including OpenAI<\/a> and Anthropic<\/a>.<\/p>\n Both companies said they confidentially filed IPO prospectuses<\/a> with the Securities and Exchange Commission this summer, but haven’t disclosed any official timelines or plans for their debuts. <\/p>\n OpenAI CEO Sam Altman<\/a> told CNBC’s Julia Boorstin last week that he didn’t know whether the company would be going public<\/a> this year. <\/p>\n SpaceX’s move into the widely-tracked Nasdaq-100 brought a fresh wave of passive investors into<\/a> the stock last week, as funds that track the benchmark index matched the new lineup. <\/p>\n The exchange recently revised its rules for new public companies to become part of the index, allowing the space and AI company to be included within a month of going public. <\/p>\n Stock Chart IconStock chart icon One-month stock chart of SPCX<\/p>\n![\"hide](\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\")
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