SpaceX shares trade 20% below IPO price

SpaceX shares fell as much as 20% below the IPO price. From the June 16 peak, the company lost more than $1.2 trillion in market value, one of the largest drawdowns in history. By Tuesday's close, the stock recovered part of the decline to $116.49, almost 14% below the IPO price.

Update, October 20, 2026: the stock has since recovered; on October 19 it closed at $147.96, 9.6% above the IPO price. More: SpaceX After the IPO.

Why it matters

The final SpaceX update closes the arc: after the record IPO, the stock moved below the offer price.

What investors should watch

Even exceptional companies can be poor purchases at overly aggressive entry prices.

This article is market context, not investment advice and not a promise of returns. It highlights where capital is moving, which companies are reaching the next stage, and which risks should be checked before any decision.

Source: bloomberg.com