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SpaceX shares drop below $135 IPO price amid Bitcoin holdings scrutiny and market cooling.

Market News
15 Jul 2026
Crypto Briefing
View Source
Bearish
pluang ai news

SpaceX shares have fallen below their $135 IPO price for the first time since going public, wiping out a 40% post-IPO rally. The company, which raised $75 billion in the largest IPO ever, saw its valuation peak above $2.5 trillion but has since declined. SpaceX holds 18,712 Bitcoins valued at $1.29 billion, linking its stock performance partly to Bitcoin's price movements. This dual exposure adds complexity for investors, as Bitcoin's volatility can influence SpaceX's market value alongside traditional factors. Going forward, investors should watch both SpaceX's operational progress and Bitcoin trends, especially with new perpetual futures trading on decentralized platforms adding volatility.

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