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Updated 2d ago
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SpaceX stock down again, shaving off some IPO gains; confirms debt offering
SpaceX shares fell for three consecutive days, closing down 16.4% on Monday. The company confirmed a bond offering to raise capital via a regulatory filing. Investors are reacting to valuation concerns and the potential for share dilution.
What changed
SpaceX confirmed its first bond issuance and saw its largest single-day stock drop since its June IPO.
Live updates
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SpaceX Stock Tumbles Following First-Ever Bond Issuance
confidence 90%SpaceX shares fell for three consecutive days, closing down 16.4% on Monday. The company confirmed a bond offering to raise capital via a regulatory filing. Investors are reacting to valuation concerns and the potential for share dilution.
What's confirmed:
- SpaceX went public on Friday, June 12, 2026, issuing 555,555,555 shares at $135.00 per share.
- SpaceX stock closed down 16.4% on Monday.
- The company confirmed its first-ever bond issuance in a regulatory filing.
- The stock experienced three straight days of losses following an initial post-IPO rally.
Still unconfirmed:
- The bond offering aims to raise about $20 billion.
- SpaceX is using public currency for a $60 billion all-stock acquisition of AI startup Cursor.
- The bond sale will fund AI development and space-based data centers.