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Retail investors drove SpaceX's record IPO trading, now face a bear market.

Market News
23 Jun 2026
Market Watch
View Source
Neutral
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SpaceX's stock, SPCX, saw a record-breaking initial public offering with average daily trading volume nearly hitting 315 million shares in its first week. This surge made it the most popularly traded large stock in the U.S., surpassing major tech stocks like Nvidia and Intel. Much of this trading frenzy was fueled by retail investors making significant bets. However, these investors now face challenges as the market turns bearish, impacting the volatile stock's performance going forward.

More News (SPCX)

Small caps and value stocks lead gains as earnings growth spreads beyond top tech giants.

Small caps and value stocks lead gains as earnings growth spreads beyond top tech giants.

Small-cap stocks, particularly those focused on value, are outperforming as earnings growth expands beyond the major tech companies known as the Magnificent-7. The Russell 2000 index has outperformed both the S&P 500 and Nasdaq 100 over the past year...

Market News
Neutral
4 hours ago
SpaceX lost $1 trillion in market value but raised $20 billion in bonds, showing investor confidence in its cash flow and AI growth.

SpaceX lost $1 trillion in market value but raised $20 billion in bonds, showing investor confidence in its cash flow and AI growth.

SpaceX's market value dropped by over $1 trillion recently, yet the company successfully raised $20 billion through debt, reflecting strong confidence from bond investors. While stock investors worry about heavy spending on Starship, AI, and data cen...

Market News
Neutral
4 hours ago
SpaceX stock falls 19% post-IPO despite Jim Cramer's rapid rally prediction.

SpaceX stock falls 19% post-IPO despite Jim Cramer's rapid rally prediction.

SpaceX shares dropped 19% since their IPO, contradicting Jim Cramer's June 17 prediction of a rapid 1 point per hour rise. Although Cramer initially suggested a quick rally, he later expressed skepticism and referred to SpaceX as a 'meme stock.' The ...

Market News
Bearish
4 hours ago
Tokenized SpaceX stock hits $80M market cap amid high demand before IPO debut

Tokenized SpaceX stock hits $80M market cap amid high demand before IPO debut

Tokenized SpaceX stock products have surged to a market capitalization of about $80.82 million as of June 23, 2026, driven by strong demand ahead of SpaceX's IPO. Despite the company’s actual stock price dropping over 32% from its peak, tokenized sha...

Market News
Bullish
5 hours ago
Anthropic's $1T AI IPO faces uncertainty amid global tech sell-off and market volatility.

Anthropic's $1T AI IPO faces uncertainty amid global tech sell-off and market volatility.

Anthropic has filed confidentially for an IPO with a valuation near $1 trillion, aiming for a fall debut. However, a recent global sell-off in technology stocks, especially in AI-related firms, has raised doubts about investor appetite and market con...

Market News
Bearish
5 hours ago
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