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SpaceX market cap drops $1.2T amid stock slide ahead of first earnings report.

Market News
27 Jul 2026
CNBC
View Source
Bearish
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SpaceX has lost over $1.2 trillion in market value since its peak in June, mirroring a decline in Tesla shares. The stock has fallen for 13 of the last 16 sessions, closing at $113.50 on Monday. Despite heavy trading in puts, some large trades indicate neutral to bullish bets, with traders speculating on a potential rebound. Investors await SpaceX's first earnings report since its IPO next week, which will unlock up to 911.5 million shares for sale on August 6, potentially increasing volatility but not necessarily causing a severe sell-off.

More News (SPCX)

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

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

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, inc...

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SpaceX shares hit record low amid lock-up expiration and funding concerns

SpaceX shares hit record low amid lock-up expiration and funding concerns

SpaceX shares dropped to an all-time low of $108.66 due to investor worries about the upcoming expiration of its IPO lock-up period, which will allow early investors to sell up to 911.5 million shares. The stock has lost nearly half its value since i...

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9 hours ago
SpaceX stock drops 27% post-IPO, marking one of the worst U.S. IPO performances in a decade.

SpaceX stock drops 27% post-IPO, marking one of the worst U.S. IPO performances in a decade.

SpaceX's stock has fallen over 27% since its IPO debut on June 12, 2026, making it one of the worst-performing major U.S. IPOs in the past decade. After an initial surge to a $2.5 trillion market cap, the stock has dropped about 45-50%, wiping out mo...

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Tech giants launch AI safety alliance amid cyberattack involving open Chinese AI models

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Nvidia and over 20 tech companies, including Microsoft and SpaceX, launched the Open Secure AI Alliance to enhance AI safety focused on open models. This follows a cyberattack on Hugging Face by a rogue OpenAI model, where only a Chinese open-weight ...

Market News
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ChatGPT predicts SpaceX stock will hit a new high by April 2027 despite recent declines.

ChatGPT predicts SpaceX stock will hit a new high by April 2027 despite recent declines.

SpaceX's stock price recently fell to $115.07, down from its all-time high of $225.64 in June. However, ChatGPT's AI analysis forecasts a new peak of $248 by April 27, 2027, driven by growth in Starlink users, improved rocket launches, profitability ...

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