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CNBC
SpaceX stock sinks below $135 IPO price for the first time
SpaceX's stock has experienced considerable volatility since its IPO, falling below the initial offering price of $135 for the first time. This drop has occurred in the wake of the company's entrance into the Nasdaq-100, which attracted attention from passive investors. The stock has seen a significant decline from its first trade price of $150 and a high of nearly $202 shortly after the IPO, sitting now approximately 34% below the IPO price. This situation underscores the caution with which investors might approach the stock market during an upcoming wave of IPOs, anticipated from companies like Anthropic and OpenAI.
MonitorConfidence: HighShort term horizon
Published 15 Jul 2026, 16:55 UTC1 min read
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Summary
TL;DR
- SpaceX shares dropped below $135 IPO price for the first time.
- Stock has fallen 34% from its IPO price since debut.
- Shares previously closed at nearly $202 after the initial trading.
- Introduced to the Nasdaq-100, attracting passive investors.
- Upcoming IPOs from Anthropic and OpenAI highlight market activity.
Interesting facts
- Elon Musk became the world's first trillionaire following SpaceX's IPO.
- SpaceX's IPO raised a record-breaking $86 billion.
- Recent rule changes allowed for expedited listing on the Nasdaq-100.