SpaceX Breaks Below $135 IPO Price, Down ~40% From June Peak

On July 15, 2026, SpaceX (SPCX) closed at $135.27 after touching $132.28 intraday — the first breach of its $135 IPO price. The stock peaked above $225 in mid-June. The selloff coincided with an approaching lockup expiry, which frees insiders to sell. A 40% peak-to-trough reversal in under a month tests IPO-buyer resolve; whether $135 holds as a floor remains unclear.