SpaceX (SPCX) went public on June 12, opening at $150 and closing its first day at $161, a 19% gain from the $135 IPO price. The stock's near-term price action is driven by retail excitement and the Starship launch narrative, but key price catalysts lie ahead, including Nasdaq 100 index inclusion in late June or early July, which will force index funds to buy SPCX shares, and a staggered insider lock-up release schedule through December. The company’s revenue is mainly from Starlink, its profitable satellite broadband service, while its AI unit xAI is currently loss-making but ambitious. Investors should watch the calendar for these structural events rather than short-term hype, as the stock’s valuation and future depend on multiple long-term growth bets and market mechanics beyond the rocket launches.
SpaceX's stock has risen about 7.6% since its IPO price of $135 per share one month ago, despite significant price swings. The company raised $75 billion in the largest IPO ever, with an initial valuation near $1.77 trillion and a peak market cap abo...
Backpack has introduced the first-ever 24/7 trading platform for real U.S. equities, allowing international investors to buy and sell stocks like SpaceX, Micron, and SanDisk around the clock. Unlike synthetic derivatives, these are actual equities wi...
SpaceX's stock has dropped 25% since its June 16 IPO peak due to concerns over its high $1.8 trillion valuation and ongoing cash losses. While its Starlink unit is profitable but facing declining revenue, its Space launch and AI divisions are heavy c...
SpaceX stock surged to an all-time high of $225.64 shortly after its IPO but has since settled back near its initial price of around $150. Early investors who bought at the IPO price of $135 still see profits, but recent trading shows limited gains o...
SpaceX released Grok 4.5, an AI coding model priced significantly lower than rivals but delivering competitive performance. It excels in efficiency, using fewer tokens per task, which lowers overall costs despite slightly weaker benchmarks compared t...
