SpaceX’s logo is visible on a building at the company’s South Texas facility in Cameron County, Texas, on July 22, 2026. (Photo by Reginald Mathalone/NurPhoto via Getty Images)
NurPhoto via Getty Images
The share price for SpaceX on the IPO day’s closing was $160.95. On June 16, a few days after the IPO, the price was $201.80. On Friday, July 24, just over a month later, shares closed at $115.07. That’s a drop of 28.5% from the initial price. It also meant a loss of $1 trillion from the peak market capitalization of about $3 trillion, leaving $2 trillion.
That’s how Bloomberg got to the mid-July headline, “SpaceX Slump Wipes...
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