SpaceX Crashes From IPO Peak, $1.2 Trillion Wiped Clean
TL;DR Summary
SpaceX’s stock fell about 20% from its IPO high, trading near $108 and wiping roughly $1.2 trillion in market value since debut. Investors are weighing the impact of a staggered unlock that could release up to 911.5 million shares on Aug. 6 and as many as 5.33 billion shares by year-end, all while short interest runs around 30%. Despite a largely successful Starship-related test and ongoing SpaceX/Starlink ambitions, the stock remains under pressure from valuation concerns and near-term selling risk.
- SpaceX Falls 20% Below IPO Price, Erasing $1.2 Trillion Value Yahoo Finance
- SpaceX has now lost the equivalent of a full Tesla in market capitalization CNBC
- 3 Space Stocks Down More Than 50% From Their Highs Yahoo Finance
- SpaceX Rebounds After Briefly Plunging 20% Below IPO Price Bloomberg.com
- Three Prices Where SpaceX Stock Is a Buy Barron's
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