SpaceX (NASDAQ: SPCX) stock price dropped by 1.02% on September 1, to close trading to $142 at the time of writing. The drop comes amid a surge in government bond yields that is weakening demand for risk assets. SpaceX stock is also in the spotlight after the CEO of the company, Elon Musk, called for lighter regulations in the AI industry while speaking at the G20 Tech Summit that took place on September 1.