SpaceX stock sinks another 7%. The IPO honeymoon is over

Live updates

1. 1d ago

   SpaceX Market Value Drops After Record-Breaking IPO

   SpaceX shares continue to decline following the largest initial public offering in U.S. history. The company has lost over $600 billion in market value from its peak. Investors are now monitoring the upcoming expiration of lockup periods.

   What's confirmed:

   • SpaceX completed the largest initial public offering in U.S. history.
   • The company raised $85.7 billion after underwriters used their greenshoe option.

   Still unconfirmed:

   • Lockup periods for the IPO expire in one month.
   confidence 90%
2. 3d ago

   SpaceX Shares Decline Following Initial IPO Surge

   SpaceX stock fell on Thursday, June 18, ending a three-day winning streak. The stock reached a high of $225.64 before closing its first public week at $185. This downturn follows a period where shares rose nearly 50% from the IPO price.

   What's confirmed:

   • SpaceX shares fell on Thursday, June 18.
   • The decline on June 18 ended a three-day winning streak.

   Still unconfirmed:

   • ARK ETF flows, lock-up releases, and index inclusion contributed to volatility.
   confidence 70%
3. 5d ago

   SpaceX Stock Drops as Post-IPO Rally Cools

   SpaceX shares fell 8% to $176 on Thursday, June 18, following a Federal Reserve policy decision. This decline ended a three-day winning streak and marks the first losing session since the company's June 12 debut. The stock previously rose up to 25% since its NASDAQ launch.

   What's confirmed:

   • SpaceX debuted on the NASDAQ on June 12.
   • SpaceX stock fell 8% to $176 on Thursday, June 18.
   • The stock closed at $201.80 on June 16.
   • The decline on June 18 followed a Federal Reserve policy decision.

   Still unconfirmed:

   • The stock price dropped after a Cursor purchase.
   • SpaceX entered a $60 billion Cursor AI deal.
   • The average post-IPO buyer is almost underwater.
   confidence 90%