Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

SpaceX shares drop 20% post-IPO surge, wiping out most gains for average investors.

Market News
18 Jun 2026
CNBC
View Source
Bearish
pluang ai news

SpaceX's stock price fell 6% to just under $180, erasing much of the 20% gain it saw after its IPO debut at $135. The stock had briefly soared above $225 but has since retreated to levels seen on the second trading day. This pullback means the average investor who bought shares after the IPO is now roughly breaking even. The decline reflects growing investor caution after the initial excitement pushed SpaceX's market value close to $3 trillion, leading to reassessment of the stock's fundamentals.

More News (SPCX)

SpaceX IPO hits $2.9T valuation with unique lockup; short-term gains likely, but correction expected in late 2026-early 2027.

SpaceX IPO hits $2.9T valuation with unique lockup; short-term gains likely, but correction expected in late 2026-early 2027.

SpaceX's IPO on June 12, 2026, raised $75 billion at a $1.8 trillion valuation, quickly climbing to $2.9 trillion market cap. The IPO had a tiny 4% float and was heavily oversubscribed, driving early price gains. Its unusual lockup structure allows i...

Market News
Bullish
4 hours ago
SpaceX options trading surges with high volatility; a low-risk strategy is recommended for investors.

SpaceX options trading surges with high volatility; a low-risk strategy is recommended for investors.

SpaceX's options trading began recently with a huge surge in volume and very high implied volatility, reaching 93% on Wednesday. This high volatility indicates significant market expectations for price movement, though it has slightly tempered since ...

Technical Signals
Bullish
4 hours ago
SpaceX stock splits analysts: Oppenheimer bullish at $250, Burry cautious, citing high valuation risks.

SpaceX stock splits analysts: Oppenheimer bullish at $250, Burry cautious, citing high valuation risks.

SpaceX stock faces a split in analyst views: Oppenheimer raised its price target to $250, driven by expected AI revenue growth and Starship's strategic value. Meanwhile, investor Michael Burry sees the stock as overpriced given its massive valuation ...

Analyst Insights
Neutral
8 hours ago
US stock futures rise after Fed holds rates steady; Smith & Wesson and Freecast gain on strong earnings and deals.

US stock futures rise after Fed holds rates steady; Smith & Wesson and Freecast gain on strong earnings and deals.

US stock futures climbed as the Dow Jones, Nasdaq 100, and S&P 500 rebounded following a recent sell-off, with markets closed Friday for Juneteenth. The Federal Reserve kept interest rates unchanged at 3.50%-3.75%, signaling no immediate hikes. Smith...

Market News
Neutral
9 hours ago
SpaceX raised $86B by selling 639M shares at $135 amid high trading volume and upcoming lockup expirations.

SpaceX raised $86B by selling 639M shares at $135 amid high trading volume and upcoming lockup expirations.

SpaceX sold 639 million shares at $135 each, raising $86 billion after fully exercising the overallotment option. The trading volume for SpaceX shares reached about 1.08 billion in the first three sessions, which is 1.7 times the IPO float, indicatin...

Market News
Neutral
11 hours ago
banner-footerbanner-footer

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