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SpaceX Stock Hits New Low, Trading Nearly 20% Below IPO Price
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SpaceX Stock Hits New Low, Trading Nearly 20% Below IPO Price

SpaceX stock closed at $108.39 today, marking a fresh low and putting shares roughly 19.7% below their $135 initial public offering price, just weeks after the company’s June 12 Nasdaq debut. The stock briefly dipped to $107.67 during the session before settling near current support levels around $107 to $108. Downtrend Persists Despite Defense Contract …

Tristan R.
By Tristan R.

Senior Author · August 1, 2026

2 min
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About the author

Tristan R.
Tristan R.

8+ years covering crypto markets, macro, and geopolitics. Previously at Decrypt and CoinDesk. Focused on the intersection of digital assets and traditional finance.