SpaceX Shares Fall Near Their Launch Price While Analysts Stay Upbeat

Around July 7, 2026, Wall Street banks began recommending SpaceX stock, with one setting a target of $236. By July 15, shares had briefly fallen below $135 — the price set when the company first went public — closing at $135.27 (Bloomberg). The stock had peaked at $225.64 on June 16. Hitting $236 now means a 75% jump.