SpaceX shares fall below $135 IPO price

financeJul 15, 2026221,716

SpaceX shares fell below their $135 initial public offering price for the first time after four straight sessions of losses, briefly dipping under $135 before closing at $135.27 per share. The stock has whipsawed since last month’s historic IPO that raised a record $86 billion and pushed founder Elon Musk to trillionaire status. Shares jumped above $225 during the first month of trading and opened their first trade at $150, but slid below that $150 level a day after SpaceX joined the Nasdaq-100. Index inclusion followed a rule change that cut the eligibility period for newly public companies to 15 trading days, bringing passive index funds into the stock. The pullback came ahead of SpaceX’s 13th Starship test flight scheduled for Thursday and signals cooling investor enthusiasm a month after the blockbuster debut. The decline also arrives while other high-profile AI and space-related IPOs such as Anthropic and OpenAI remain potential near-term offerings.

Forbes

@forbes.com

The stock has fallen over 10% since its listing on the Nasdaq on June 8.

12676h ago

Emily61

lol, Y'know why? Because Elmo Musk is a drug addled conman. But the crackheads on Wall Street ate up his BS like candy. "SPCX isn't a rocket company, it's a ISP - no, wait, it's an AI company - no, hang on, it's a chip maker." Investors just put down the pipe and stopped believing the hype.

Bill Mauldin20

Just wait until he loses his government subsidies and contracts 🤪😂

zoophagous.bsky.social12

And insiders are still locked up. Here's hoping for sub-100 before the lock-ups end.

dave48.bsky.social11

Shocker. Not like everyone wasn't warned it was waaayyyy over priced.

Starteller9

If Musk does poorly, I’m happy!

The Resistance CO7

Not far enough. Short that until it’s a penny stock.

Quoting this

📎 Otto Von Danger6

Investing in a Company that only loses money is pretty stupid.

el gatito4

Não está a conseguir lidar com a concorrência.

quick133

Funny, i would have predicted more than that, the the trajectory is correct.

Jay2

My guess is his loyalists can’t afford to keep two of his companies stocks flying high. 🤷‍♂️

2BRing22

Space X SHOULD NOT EXIST!

FinTwitter

@fintwitter.bsky.social

*SPACEX SHARES FALL BELOW $135 IPO PRICE FOR FIRST TIME

2007h ago

elizabeth-whalen.bsky.social8

It's almost as if building data centers in space wasn't actually a viable business. How could that possibly be?!

Concepts of a Rae6

Can’t wait for him to tweet through it.

gerrylev.bsky.social6

Elon is going to have to announce something magical is coming soon. Time Machine?

Witty Librarian Resistance5

it never should have been priced that high! damn the markets: they rigged it all for him, and now a number of funds that were forced to buy that stock are paying the costs.

SeekerofNoble3

Elon will announce self-driving robotaxis in space.

Quoting this

Sky Marchini179

I swear to god spaceX being the top tick of the market would be just too perfect. Can’t bring myself to believe it

JLRay85

can't believe "i have a fishing boat, therefore my company has the potential value of all the marine life in the world" isn't the iron-clad appraisal of value it aspires to be

WildPartyInviteDecliner20

Since 2020 a lot of people have pretended there's unlimited dollars available for investing and that's never been true. At a certain point, you run out of dumb money.

Jimmy Thomson5

And the employee locked-in shares can't even be sold yet 👀

The Capybaron5

How's that bag feeling, holders?

Josh4

That’s quite a crash, but they’re used to that sort of thing

donnie harrison3

It was all good just a month ago

james_polls2

That’s more than -40% from its all time high of $225! $SPCX #SpaceX

Nicholas Sarwark2

Elon Musk is profoundly stupid. Line go down.

jeffreyalexander07.bsky.social

@jeffreyalexander07.bsky.social

I along with other Americans & foreign people, could care less if SpaceX was 3% away from going totally bankrupt...Greedy pigs like him need more wake up calls!! finance.yahoo.com/markets/stoc...

757h ago

crochic99.bsky.social1

Trust me, when I went grocery shopping this past weekend, what we the people were commenting about was how prices were higher than the week before! Let SoaceX sink into the ocean.

Chris Maley1

The #SpaceX USS Ketamine is ready to blast off for Mars.

Quoting this

Lark LaTroy2

And unfortunately, anyone who's 401k is indexed with this piece of crap are going to lose a big chunk of their retirement. Explain to me again how "trickle down economics" works.

max mccarthy

@maxmcc.com

putting an “i bought this before elon went crazy!” sticker on my spacex shares

467h ago

Thomas Seal

@twseal.bsky.social

SpaceX shares fell below the $135 per share level sold to investors last month as part of a record $86 billion offering

87h ago

Chris Murray

@chrismurray.bsky.social

Anyway here's some fun news. SpaceX is now trading lower than its IPO price of $135. Took five weeks.

127h ago

Ian@collapseaphorisms

@collapseaphorisms.bsky.social

Oh look, on Wednesday SpaceX shares dipped to a new all time low of $132.75, dropping below it's IPO price of $135. #collapse

146h ago

Joanne Firth1

First laugh of the day. Thanks Ian!

paulbaumann42.bsky.social1

In this case, the sky IS the limit 😂😂😂

BeWell Antifa1

Shocking! Absolutely shocking! 😧 Happy hump day Ian.

informalogic.bsky.social

@informalogic.bsky.social

Nailed it on the first try. No wonder people are selling their SpaceX shares. Japan is already out pacing them on the first try. youtube.com/watch?v=FsAn...

1513h ago

David Hobby

@davidhobby.bsky.social

Timeline cleanse: SpaceX stock has now fallen 40% from its high in June, and is trading below the price at which its shares were privately allocated ahead of the initial public offering. 📉

155h ago

#TeslaTakedown LA

@teslatakedownla.bsky.social

So you’re underwater on your massive SpaceX position. Wife won’t shut up about it. Whatever. This isn’t your first rodeo. You’re ready to defend dear leader’s shares to the death. Diamond hands. Play the long game, bro. Remember the AMC Apes? They all got rich, and so will you, damnit. 🚀 #SPCX

86h ago

Emily

@emilyyour8.bsky.social

Well, SPCX is down another $3. It's hovering around $133, that's two bucks less than the IPO price. Which means that everyone who bought the hype is now underwater. Fun Fact: For every dollar that SPCX loses off its share price, Elmo Musk loses $6,000,000,000 off his paper net worth. -$18 B today!

76h ago