Share trading in Elon Musk’s rocket company has been volatile since it went public a month ago.

SpaceX's share price has dropped below its stock market debut just over a month ago, falling sharply from a post-float peak. The price for a single share in Elon Musk's rocket, satellite and artificial intelligence (AI) company fell to $132.62 (£98.24) on Wednesday, below its initial listing of $135 in June. SpaceX's initial public offering (IPO) made Musk the world's first trillionaire. Compared to its on-the-day high so far, the stock price is now down 41%. If the price holds, or falls further, it will mean that those who purchased stock around the time of its flotation will stand to lose money on their investment. Even amid a tumultuous few weeks for tech stocks, SpaceX has taken a particular hit. Compared to a 0.2% fall on the wider Nasdaq index, where SpaceX's shares are listed, the company's stock price fell more than 2% on Wednesday. SpaceX stock has been volatile since it began trading on the public stock market a little over one month ago. After an initial investor frenzy that saw the company valued at more than Amazon and Microsoft, the price of its shares has drifted downward.