By June 16, four days after the sacrifices began (IPO), filling SpaceX (NASDAQ: Image of SPCX) order at the original $135 or even the original price of $150 appeared to be the best trade of 2026.
By press time on July 24, however, something had happened it has changed a lotand there was never a time when buying SPCX shares would be profitable.
Specifically, after the all-time high (ATH) of $225.64 by June 16, SpaceX about stock the stock was changed, and the coin found that it was about to reach $ 118.24 and, at the time of press on the market on Friday, changed hands at $ 117.98.
Under these conditions, if the seller managed to fill the IPO order of $ 10,000 despite the competition, he would have lost $ 1,260.74 while his position decreased to $ 8,739.26.
For those who managed to buy on the morning of June 12, the loss would have reached $2,134.67 as their stock dropped from $10,000 to $7,865.33.
Why SpaceX’s stock price fell after the June 12 SPCX IPO
SpaceX’s situation can be explained using several factors that find their basis in the discrepancy between the company’s initial valuation and its income and profit – or rather, losses.
It’s Elon Musk Another public company, Tesla (NASDAQ: TSLA), fell to a stock price of $319.69 with a market capitalization of $1.26 trillion shortly after its latest report showed revenue of $28.24 billion.
SpaceX valued its IPO at $1.77 trillion — about $500 billion more than Tesla’s most recently — even though it raised less than $5 billion in sales in its most recent share.
In addition, SPCX’s value story was boosted by low initial float, strong online and media attention, a generous closing period, and overbought ahead of inclusion in the Nasdaq-100 benchmark. index.
Looking ahead, things look very uncertain. Yes, when Wall Street apparently he remains confident in the future success of SpaceX, many levels of high prices depend on the rocket company becoming a titan of intelligence (AI).
In particular, even if the AI ’boom’ news is correct, Elon Musk’s latest company is facing an uphill battle due to its low market share.
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