SpaceX shares dip to IPO price after post-listing decline
6 verified5 unconfirmed1 contested
SpaceX shares fell to or near their initial public offering price on July 15, 2026, just over a month after the company’s blockbuster IPO on June 12 raised roughly $86 billion. The stock briefly surged above $200 per share in the days after listing, giving the company a valuation that briefly rivaled those of Amazon and Microsoft. Since then, shares have declined steadily, a drop attributed by multiple sources to profit-taking, broader tech sector weakness, and investor reassessment of debt-funded AI spending. The decline comes ahead of a planned Starship test flight on July 16, which is the first such launch since the IPO and follows a booster failure in May. Analysts cited by both sources noted that the stock’s small float—only 4% of total shares trading—has contributed to volatility. SpaceX’s performance is being closely watched as a bellwether for other anticipated tech IPOs, including those of Anthropic and OpenAI.
What’s verified
SpaceX shares fell to or below the IPO price of $135 on July 15, 2026.
The company went public on June 12, 2026, raising approximately $86 billion in the largest IPO ever.
Shares briefly traded above $200, giving the company a valuation that rivaled Amazon and Microsoft.
The stock decline is partly attributed to broader tech market downturn and profit-taking.
SpaceX plans to test launch its Starship rocket on July 16, 2026.
Only about 4% of the company’s total shares are trading on the Nasdaq, contributing to volatility.
Where accounts differ
Sources disagree on the exact closing price for July 15. One source reports shares closed at $134, below the IPO price; another reports a closing price of $135.27, just above the IPO price. The accounts also differ on the intraday low: one source cites a low of $133, while the other reports a 1.5% drop to $134.
Not yet confirmed
The amount raised through a bond sale after the IPO is reported by one source as $25 billion.
The specific reason for the Starship booster failure in May is not detailed.
The exact date for the expiration of the IPO lock-up period is not confirmed across sources.
The role of the stock’s addition to the Nasdaq 100 in the decline is only mentioned by one source.
Details on the financial impacts of the Starship test flight outcome remain unaddressed.
Key figures
Elon Musk, CEO of SpaceX
Daniela Hathorn, senior market analyst at Capital.com
Steve Sosnick, chief market analyst at Interactive Brokers
Sources: The Guardian, TechCrunch
