SpaceX Dips Below Its $135 IPO Price as Wall Street Targets Loom 75% Above

Wall Street banks launched bullish SpaceX coverage around July 7, 2026, with one target at $236. Eight days later, shares briefly fell below the $135 IPO price for the first time, closing at $135.27 on July 15 (Bloomberg). The stock peaked at $225.64 intraday on June 16. Reaching that $236 target now requires a 75% gain from the July 15 close.