SpaceX shares have declined more than 50 percent from their post-IPO peak to around $113.50, as the company approaches its first earnings report on August 4, 2026.
Investors’ concerns regarding cash burn, Starship test results, and an upcoming lock-up expiration on August 6 have pressured the stock below its $135 IPO price.
SpaceX stock has plunged over 50 percent from its post-listing peak of $225.64, down to near $113, erasing market value following its blockbuster June 12 IPO priced at $135.
Shares surged to $225.64 days after listing before declining to $113, a decline below the initial $135 IPO price.
Analysts attribute the drop to cooling initial hype, high price-to-sales ratios, heavy AI spending plans, and upcoming lock-up expirations.
SpaceX debuted on the Nasdaq in June 2026 at $135 per share in a historic $75 billion initial public offering. Early retail and institutional demand pushed the stock to a
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