importantSYS.SOURCE: TechCrunch• 2026-07-15T18:06:05Z

SpaceX Stock Drops Below $135 IPO Level Ahead of Starship Test Flight

SpaceX's stock price fell below its $135 IPO level amid market skepticism about its valuation and upcoming Starship test flight. The decline follows a steady post-IPO drop, driven by limited share float and investor caution regarding the company's ambitious projects.

The stock has steadily fallen from the euphoric post-IPO high, showing that markets may be sobering up to the promises CEO Elon Musk made before and after SpaceX went public.

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