SpaceX shares remained under pressure after falling 16.43% on Monday to $154.60 from a June 16 peak of $225.64, extending the retreat to a third straight losing session and erasing most post-IPO gains, though the stock stayed above its $135 IPO price. During the selloff, Ark Invest bought about 210,121 shares across four ETFs for roughly $32.5 million, a purchase described by reports as adding to an existing post-IPO position as Cathie Wood viewed the pullback as a buying opportunity. The decline came amid broader weakness in U.S. technology stocks, while SpaceX also announced its first bond sale to repay a bridge loan and for general corporate purposes.