Investment
Features
FeesSafety
Academy
More
Pluang+

Six US Congressmen bought SpaceX IPO shares but have yet to sell despite price drops.

Market News
14 Oct 2026
Finbold
View Source
Bearish
Six US Congressmen bought SpaceX IPO shares but have yet to sell despite price drops.

Six U.S. Congressmen invested in SpaceX's IPO or bought shares shortly after but have not sold or disclosed any sales. Their investments, ranging from $15,000 to $100,000, have declined between 4.65% and 20.28% as SpaceX's stock price fell from its initial highs. This highlights the exposure of lawmakers to volatile tech stocks and raises questions about their trading decisions amid market fluctuations. No further sales or disclosures have been reported as of October 14.

SpaceX (SPCX) shares trade at USD 153.55 on Pluang as of Oct 14, 2026 21:41 WIB, down 1.91% in the last day. The stock remains well below its 52-week high of USD 202.09, reflecting ongoing volatility in the tech sector that also affects investors like the six U.S. Congressmen mentioned in the news. Pluang data shows a market cap of $2.12 trillion and a typical hold time of 42 days, with more sellers than buyers currently active.

More News (SPCX)

AST SpaceMobile falls 8% as Piper Sandler cuts target amid SpaceX competition concerns

AST SpaceMobile falls 8% as Piper Sandler cuts target amid SpaceX competition concerns

AST SpaceMobile's stock dropped 8% after Piper Sandler downgraded it to Neutral and cut the price target to $54, citing concerns over the pace of satellite launches and rising competition from SpaceX. SpaceX, which is also AST's main launch provider,...

Market News
Bearish
4 hours ago
Morgan Stanley keeps 'Overweight' on SpaceX, sees AI-driven growth with $300 price target.

Morgan Stanley keeps 'Overweight' on SpaceX, sees AI-driven growth with $300 price target.

Morgan Stanley reaffirmed its 'Overweight' rating on SpaceX and maintained a $300 price target, highlighting the company's Distributed Inference Cloud (DIC) as a key growth driver. Analyst Adam Jonas emphasized SpaceX's role in advancing physical AI ...

Analyst Insights
Bullish
5 hours ago
SpaceX shares may drop 1-7% after 2.3B shares unlock on Oct 24, says ChatGPT forecast.

SpaceX shares may drop 1-7% after 2.3B shares unlock on Oct 24, says ChatGPT forecast.

Nearly 2.3 billion SpaceX shares held by employees and early investors will become tradable on October 24, potentially increasing market supply. ChatGPT predicts the stock could face selling pressure, with a likely price range of $145 to $155 shortly...

Market News
Neutral
6 hours ago
SpaceX rated buy with 21% upside but mobile carrier expansion faces major challenges.

SpaceX rated buy with 21% upside but mobile carrier expansion faces major challenges.

SpaceX remains a buy-rated stock with a 21% potential upside to a $198 price target, but its expansion into mobile carrier services faces significant challenges. While recent spectrum acquisitions position SpaceX for hybrid mobile services, the compa...

Analyst Insights
Neutral
11 hours ago
SpaceX stock falls 4% after agreeing to testify in NYC AI safety probe, dragging down other space stocks.

SpaceX stock falls 4% after agreeing to testify in NYC AI safety probe, dragging down other space stocks.

SpaceX agreed to testify before the New York City Council on AI safety concerns, causing its stock to drop 4%. This subpoena follows SpaceX's previous absence at an AI hearing, intensifying regulatory scrutiny. The probe focuses on data privacy, safe...

Market News
Bearish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App