SpaceX Stock Falls Below Its Launch Price Just Five Weeks In

SpaceX stock dipped below its $135 IPO price on July 15, 2026, five weeks after going public. An IPO is a company's first stock sale. The shares have fallen about 34% since peaking June 16, dropping from over $2.6 trillion to near $1.75 trillion in total value. SpaceX reported $18.67 billion in 2025 revenue.