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SpaceX stock drops 30% amid high valuation and upcoming insider share unlocks.

Market News
24 Jun 2026
Forbes
View Source
Bearish
pluang ai news

SpaceX's stock has fallen 30% over three days but remains highly overvalued at about 100 times revenue. Upcoming insider share unlocks could flood the market with shares, potentially increasing supply by 900%, which may pressure the stock further. Additionally, competition from anticipated trillion-dollar AI IPOs like OpenAI and Anthropic, along with rising interest rates, add to the risks. Investors should be cautious as SpaceX's valuation assumes flawless future execution amid uncertain growth prospects.

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