SpaceX stock has erased nearly $1 trillion in value since its IPO

Price Action
โดย Yahoo Finance·Read original
Summary · why it matters

SpaceX has erased almost $1 trillion in stock market value in the five weeks since its record-breaking initial public offering. Shares priced at $135 on June 11 and touched an intraday high of $225.64 on June 16 before sliding, leaving IPO buyers down over 18% and those who bought at the peak down more than 50%. The company is set to report its first earnings as a public company on August 4, and two trading days later 911.5 million insider shares will become eligible for sale, while short interest has climbed to roughly 32% of the tradable float. CEO Elon Musk has dismissed the short sellers, but the stock remains expensive at about 49 times expected revenue, and Morningstar had pegged fair value at $780 billion before the IPO. Most analysts tracked by Investing.com still rate the stock a buy, though price targets range from $62 to $800 a share.

Impact on stocks 2

Digital Finance & Tokenization▲ · 1 stocks
Space Economy▲ · 1 stocks
© 2026 MarketDXNews