techcrunch.com·Jul 15, 2026
SpaceX's stock has fallen to $135, the initial IPO price set by CEO Elon Musk, after experiencing a significant decline since its post-IPO peak of over $200. This drop reflects market skepticism regarding Musk's ambitious promises and broader trends affecting tech stocks, as the company prepares for a critical Starship test launch.
SpaceX's stock has seen significant volatility since its IPO, dropping back to the IPO price of $135 due to limited share availability and market skepticism over CEO Elon Musk's ambitious plans. This highlights a potential investment opportunity for those who believe in SpaceX's long-term vision, especially given that the company's upcoming Starship launch could influence market perception and stock performance.