SpaceX Shares Fall for First Time Since Blockbuster Debut

Live updates

1. 6d ago

   SpaceX Shares Drop Nearly 50% Since June

   SpaceX stock continues a multiweek decline, falling nearly 50% since June. This slump has pushed Elon Musk's net worth below $700 billion. Despite recent Starship tests, Wall Street investors are placing massive bets that the share price will continue to tumble. Some analysts are monitoring the $100 mark as a key level, while other market observers suggest the current decline might represent a long-term buying opportunity.

   Why it matters

   The company previously experienced a record-setting IPO before facing a three-session slide that erased $600 billion in value. This volatility stems from valuation concerns and a broader AI bubble.

   Still unconfirmed

   • SpaceX shares declined 50% from June.
   • Elon Musk's wealth dropped below $700 billion.
   • Investors are betting billions that SpaceX stock will continue to fall.
   • Analysts are watching the $100 price level.

   What to watch next

   • Further movement of the stock toward the $100 analyst mark.
   • New data on the impact of Starship tests on investor sentiment.
   Sources used for this update (4)

   1. news.abplive.com — Elon Musk's Net Worth Slides Below $700 Billion; SpaceX Stock Down Nearly 50% Since June
   2. consent.yahoo.com — Elon Musk calls himself ‘former trillionaire’ as billions vanish amid Tesla, SpaceX crash. Why the rich laugh at losses
   3. www.nbcnews.com — Why Wall Street is betting billions that Elon Musk’s SpaceX shares will keep tumbling
   4. www.fool.com — Is a 53% Decline a Stopping Point for the SpaceX Stock Price? History Offers This Answer.
   confidence 70%
2. 35d ago

   SpaceX Shares Decline Following Record IPO

   SpaceX stock fell for three straight sessions after a record-setting IPO. The company lost $600 billion in value during this period. Market volatility, AI bubble concerns, and valuation worries contributed to the dip.

   What's confirmed:

   • SpaceX shares fell for three consecutive sessions.
   • The company lost $600 billion in value over three days.
   • SpaceX stock declined for the first time since its record-setting IPO.

   Still unconfirmed:

   • Valuation worries and AI bubble fears drove the stock price down.
   Sources used for this update (10)

   1. SpaceX (SPCX) Stock Price, News & Analysis - MarketBeat
   2. SpaceX - Stock Information
   3. SpaceX sheds $600 billion in three days as it taps the bond market for ...
   4. SpaceX shares decline for first time since blockbuster debut
   5. SpaceX Stock Pulls Back After IPO Gains - What's Behind the Dip?
   6. Is SpaceX stock a bargain after its 32% post-IPO drop?
   7. spacex ipo: Latest News & Videos, Photos about spacex ipo | The ...
   8. Reasons Behind Spacex Stock Price Decline
   9. SpaceX Price Drop: Can the Elon Musk IPO Set You Up for Life?
   10. SpaceX Stock Is Down 22% From Its Peak. History Says This Is How Low It ...
   confidence 80%
3. 45d ago

   SpaceX Shares Volatile After Three-Day Slide Following IPO

   SpaceX stock experienced a three-day losing streak after its June 12 debut on the Nasdaq. Shares briefly fell below the 150 dollar opening price on Tuesday before recovering. The company also confirmed its first bond issuance in a filing.

   What's confirmed:

   • SpaceX stock fell for three consecutive trading days ending Monday.
   • Shares briefly dipped below the 150 dollar IPO opening price on Tuesday.
   • SpaceX confirmed its first bond issuance in a filing.
   • The company debuted on the Nasdaq on June 12.

   Still unconfirmed:

   • The firm aims to raise 20 billion dollars from bond offerings.
   Sources used for this update (9)

   1. SpaceX stock tumbles 16.4%, shaving off most IPO gains since debut
   2. What Went Wrong With The SpaceX IPO Is More Common Than You Think
   3. After Blockbuster I.P.O., SpaceX Shares Are Slumping
   4. SpaceX Selloff: Shares Drop Below $150 Debut Price - Forbes
   5. SpaceX Stock Extends Losing Streak to 27% After Blockbuster Debut ...
   6. SpaceX shares briefly dip below $150 debut opening price before recovering
   7. SpaceX stock falls below IPO-day close, losing $400 billion
   8. SpaceX Sheds IPO Gains; Stock Tumbles 16%, Erases $600 Billion In Value
   9. SpaceX Stock Stages Stunning Comeback After Brutal Three-Day Plunge That Wiped Billions Off Its Market Cap
   confidence 80%
4. 47d ago

   SpaceX Shares Decline Following Record IPO Rally

   SpaceX stock fell on Wednesday, ending a three-day rally that saw gains of nearly 50%. This decline is the first since the company debuted on the Nasdaq on June 12. Shares have continued to drop over the last two full trading days.

   What's confirmed:

   • SpaceX debuted on the Nasdaq on June 12.
   • SpaceX shares fell on Wednesday for the first time since its IPO.
   • The Wednesday decline ended a three-day rally.
   • The rally prior to the decline reached nearly 50%.
   • SpaceX shares were priced at $135 and opened at $150.

   Still unconfirmed:

   • The end of IPO lockup periods could cause the stock to slide.
   • Two-year Treasury yields jumped 13 bps in post-press conference Wednesday trading.
   Sources used for this update (6)

   1. Weekly Commentary: Warsh's Regime Change
   2. SpaceX Is Already Pulling Back From Its High. History Says That Is Not a Good Sign
   3. SpaceX shares fall for first time since blockbuster debut
   4. SpaceX shares fall for first time since blockbuster debut
   5. 1 Catalyst That Could Cause SpaceX Stock to Drop. Should Investors Sell?
   6. SpaceX stock drops again after rally following blockbuster IPO
   confidence 90%
5. 50d ago

   SpaceX Stock Declines After Three-Day Rally

   SpaceX shares fell on Wednesday. This drop ended a three-session winning streak. The decline is the first since the company's public debut.

   Still unconfirmed:

   • SpaceX stock fell on Wednesday for the first time since the company went public.
   • The decline ended a three-session winning streak.
   • eToro offers 50 dollars in SpaceX stock for users who register and deposit at least 200 dollars.
   Sources used for this update (2)

   1. SpaceX stock falls for first time, ending 3-day surge - Yahoo Finance
   2. Want SpaceX shares? eToro will give you $50 to help hit your investment goals.
   confidence 60%
6. 51d ago

   SpaceX Shares Fall for First Time Since IPO Debut

   SpaceX stock has experienced its first decline since its initial public offering. This follows a massive rally that pushed the company's valuation to 2.65 trillion dollars. The surge briefly made Elon Musk the first trillionaire.

   What's confirmed:

   • SpaceX shares have fallen for the first time since their debut.
   • The company's valuation reached 2.65 trillion dollars.
   • Elon Musk became the world's first trillionaire due to the IPO.
   • SpaceX raised 85.7 billion dollars through its Nasdaq listing.
   • The stock closed at 161 dollars after jumping 19% on its debut day.

   Still unconfirmed:

   • Technical factors are driving the stock as a meme stock.
   Sources used for this update (28)

   1. SpaceX Stock Set for More Than 50% Jump in Just Three Sessions
   2. SpaceX gains 11% in premarket trading as momentum builds
   3. Opinion | The SpaceX IPO has a bright side
   4. Stock Market Today: SpaceX Rallies, Pointing to Third Day of Gains — Live Updates
   5. Musk's SpaceX surges past Amazon in market cap after historic IPO debut
   6. SpaceX rockets past Amazon, eyes Microsoft in sprint toward $3 trillion
   7. Technical factors are adding fuel to SpaceX's meme stock fire
   8. SpaceX IPO makes Elon Musk the world's first trillionaire
   9. SpaceX Shares Fall for First Time Since Blockbuster Debut
   10. SpaceX’s nearly $3 trillion rally comes with one big catch: Chart of the Day
   11. Should You Buy SpaceX Stock This Week or Wait for the Hype to Die Down?
   12. Spacex Rally Adds Nearly $900bn, Pushing Valuation To $2.65tn, and Overtaking Both Amazon and Microsoft
   confidence 90%