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SpaceX shares fall 38% from peak after volatile start post-IPO in June 2026

Market News
15 Nov 2026, 16:14 WIB
Finbold
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Neutral
SpaceX shares fall 38% from peak after volatile start post-IPO in June 2026

SpaceX debuted on the Nasdaq in June 2026 at $135 per share, initially rallying to an intraday high of $225.64 before dropping 38.3% from that peak to around $139 by November. The stock remains slightly above its IPO price but has shown significant volatility, with investors facing losses if bought at the first-day close price. Financially, SpaceX reported strong revenue growth driven by Starlink subscriptions and enterprise sales, alongside a net income turnaround to $4.40 billion in Q3 2026. However, heavy capital expenditures of $48 billion in nine months highlight the company's ongoing investment needs, posing challenges for sustainable profitability.

SpaceX holds a market cap of $1.89 trillion on Pluang as of November 15, 2026, at 21:21 WIB, with a daily trading volume of 76,195,975 shares. The stock price stands at $139.11, reflecting a slight 0.59% decline over the day. Investor sentiment on Pluang leans bullish, with 84% of order activity in buying versus 16% selling, and a typical hold time of 49 days.

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