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SpaceX stock hits new low below $110 amid share unlocks and valuation concerns.

Market News
27 Jul 2026
Finbold
View Source
Bearish
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SpaceX stock recently dropped to a new all-time low of about $108.78, down over 33% in the past 30 days from its peak above $225. The decline is linked to upcoming share unlocks on August 4, which will release over 911 million shares for trading, increasing selling pressure. Despite the drop and criticism over its high valuation, Wall Street analysts remain optimistic, with an average 12-month price target of $235.18 and continued investor interest, especially due to SpaceX's investments in AI. The stock's recent correction may be temporary as growth potential is still recognized.

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