SpaceX’s shares are near a critical level, where the company’s market value would drop below $2 trillion for the first time. The stock recently traded at $152.50, just 80 cents away from this threshold. This decline marks an 18% loss over the past week, mirroring its opening price of $150 during its initial public offering (IPO). As a result, SpaceX shares are trading near their IPO price and experiencing a significant downturn, signaling decreased investor enthusiasm for the company.
Source: https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-06-26-2026/card/spacex-shares-trading-around-ipo-opening-price-0siAr0n4nlfJZLBwkuRb