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SpaceX shares drop 17% amid bond concerns and tech sell-off, with recovery uncertain.

Market News
26 Jun 2026
24/7 Wall Street
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Neutral
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SpaceX shares have fallen 17% over the past week, pressured by losses in its $25 billion bond offering and broader tech sector profit-taking. Despite strong underlying narratives in defense, connectivity, and AI, near-term financing worries and market volatility weigh on the stock. Strategic investments and Starlink's growth offer potential upside, but recovery to the 52-week high of $225 is uncertain. Investors should watch bond market stability and defense contract news for signs of a rebound.

More News (SPCX)

Oppenheimer sets $250 price target on SpaceX, citing AI edge and Starlink revenue potential.

Oppenheimer sets $250 price target on SpaceX, citing AI edge and Starlink revenue potential.

Oppenheimer analyst Timothy Horan set a $250 price target on SpaceX, emphasizing the company's strong position in artificial intelligence, particularly in robotics and autonomous systems. Starlink is expected to be SpaceX's primary revenue driver, ta...

Analyst Insights
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Analyst rates SpaceX stock 'Hold' citing growth but uncertain profits and high valuation.

Analyst rates SpaceX stock 'Hold' citing growth but uncertain profits and high valuation.

Analyst Steve Silver from Argus Research initiated a 'Hold' rating on SpaceX stock, highlighting strong revenue growth but inconsistent profitability. The company operates a hybrid model blending mature infrastructure with venture-style investments, ...

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Triller shares jump 42% after $411M deal to gain exposure to 3.9M SpaceX shares

Triller shares jump 42% after $411M deal to gain exposure to 3.9M SpaceX shares

Triller Group's shares surged over 42% following its announcement of acquiring a Bahamian investment vehicle holding about 3.9 million SpaceX shares, valued at $411.3 million. This move places SpaceX-linked assets on Triller's balance sheet as a stra...

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SpaceX plans to launch Starlink mobile service in the US, competing with major wireless carriers.

SpaceX plans to launch Starlink mobile service in the US, competing with major wireless carriers.

SpaceX is considering launching a Starlink-branded mobile phone service in the United States, potentially expanding its role in telecommunications. The plan, discussed by SpaceX President Gwynne Shotwell, includes a direct-to-consumer wireless offeri...

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