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SpaceX stock could drop to $100 by mid-2026 amid post-IPO selloff and technical weakness.

Technical Signals
23 Jun 2026
Finbold
View Source
Bearish
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SpaceX's stock, which surged above $225 after its IPO, has fallen over 28% and may decline further to $100 by mid-August 2026 according to technical analysis. The stock has broken key support levels and faces pressure from profit-taking, dilution concerns, and upcoming lockup expirations. While long-term growth prospects like Starlink and AI ambitions remain, the stock has yet to find a bottom amid market skepticism and selling pressure.

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