SpaceX Stock Falls 13% Below IPO Price Amid Starship Delays and Lockup Expirations

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โดย The Motley Fool·Read original
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SpaceX shares have dropped more than 40% from their post-IPO high and now trade at about $116, roughly 13.2% below the $135 IPO price. The company’s flagship rocket business carried over 80% of the 3,194 metric tons launched into orbit in 2025, and its Starlink satellite internet service serves 10.3 million subscribers across 164 countries. However, the highly anticipated Starship megarocket has faced repeated test-flight delays, with a 13th attempt scheduled for Thursday after two failures, and its commercial viability remains uncertain. Additionally, upcoming expirations of insider lockups could release up to 1 billion shares, adding downward pressure without clear near-term growth catalysts. Analysts suggest waiting before buying, as the stock may decline further.

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