SpaceX Shares Dip Below $135 IPO Price for First Time, Close Barely Above

SpaceX (SPCX) Class A shares fell below their $135 IPO price for the first time on July 15, 2026, hitting an intraday low of $132.15 before closing at $135.27 — just 20 cents above offer. The slide comes roughly five weeks after the company raised $75 billion at a $1.75 trillion valuation, the largest IPO on record. Underwriters had no greenshoe left to stabilize the stock.