Elon Musk’s SpaceX released the largest IPO in history on 12 June 2026, and the debut was full of hype: shares priced at $ 135, opened at around $ 150 and closed at around $ 161 on the first day, valuing the company at more than $ 2 trillion. In less than a month, the picture looks completely different. $SPCX has retreated to the $145–$150 area, retrieving almost every point from the first few days and settling below its June 16 intraday high of around $225.
That cyclical journey – from the blockbuster launch to the stock rising above its value – is why “Will SpaceX go bust?” has become one of the most searched questions in the market right now. Below we explain what is happening, why, and the actual situation from here.
Why is the price of SpaceX falling?
This slide is only one more disaster than the IPO’s burn after hitting the eyeballs. Several powers are stacked on top of each other:
The first pop was built on commercial appeal. SpaceX reserved the largest part of the offering – it is said that about 30% – for individual investors, and the demand increased several times. This type of impulse tends to buy futures, and once the initial rush is over, the price usually returns to where it was purchased. This is what happened here.
Calculations leave little room for error. Even after the pullback, $SPCX it carries a market capitalization north of $2 trillion against its later earnings. Bulls are charting Starlink’s earnings trend, leading interest rate and xAI/Grok AI angle for the coming years. When goods are bought to be executed without fault, even neutral story can initiate sales.
The opinion of the section turned. Our friends in Space and satellites have sold out of charity, and their no-nonsense tone on high-tech has weighed on the latest name in the group. Excluding the S&P 500 for one year also removes a source of impulse buying that some traders rely on.
What are the experts saying about SPCX?
Wall Street is, on paper, bullish – but the range of opinions is extreme, which is also a warning sign. Consensus is on “Buy,” where the 12-month moving average is hovering somewhere in the low $200s depending on the data provider. Individual targets, however, range from around $115 on the low end to around $800 on the most aggressive bull notes, with a single call meaning a huge raise.
That spread — a bear case with a triple-digit low versus a triple-digit moonshot — tells you the truth: nobody knows how to appreciate SpaceX. When targets differ by five or more points, the stock’s “average” price is close to meaningless, and the stock can be very volatile. Of course, one well-known trader publicly called it one of the most important in history and predicted an impending crash, with analysts seeing the next leg up and above $250.
Will SpaceX stock crash? Three events
Instead of pretending to know the outcome, it helps to plan the possibilities. None of this is predictive – it’s just the way the market is pricing itself.
- Bear case – real unwind. If the stock market continues to fade, the lock-up or reverse conversion window expires and allows more products to hit the market, or Starship returns or hits a major risk, $SPCX could drop from its $135 IPO price and continue. Since betas are the daily changes that stocks have already shown, a quick decline of 30-50% from current levels is well within the scope of this speculative name. This is how the question of “damage” really affects.
- Lower case – long, choppy combination. The stock spends several months testing its valuation, starting roughly between the IPO price and its initial rise as the business grows to expectations. Unsteady, frustrating, but not a disaster – that’s what happens on a mega-IPO once the dust settles.
- The case of the cow – the story speaks for itself. Starlink’s strong numbers, Starship’s progress, the rise on the back of the xAI/Grok merger and the latest merger are drawing in buyers, and the stock is resuming and clearing its previous lows at the end of analysts’ forecasts.
Unpleasant truth: all of this makes sense right now, and stocks can go a long way in either direction before the picture becomes clear.
How to sell SpaceX stock price – both sides?
This is where many investors get stuck. If you think $SPCX is going down, easy to have it sharing isn’t doing you any favors – and if you think it’s going over the top, you may want to adjust or adjust to move faster. This is how CFDs are made, because they allow you to enter them both sides: go far if you bring back the case of cattle, or just slow down if you think danger is coming.
I am XTB images you can trade SpaceX ($SPCX) as a CFD – meaning you can open a long position to profit from a rebound, or a short position to profit if the stock falls, all from one account. XTB is a stable, well-managed broker with a fast, transparent platform, transparent prices and low bookings, which makes it a useful choice if you are placing the next leg or hedging the bottom line.
👉 Open your XTB account here and trade long or short SpaceX
Whatever your opinion on the question of damage, the important opportunity is to choose: you are not forced to choose “buy with hope.” You can express bearish or bullish sentiments – and control your risk with the defined growth – through one managed platform. Start trading $SPCX and XTB.
