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stocksJul 19, 2026, 6:18 AM

SpaceX Shares Fall Below $135 IPO Price, Down 40% from June High

SpaceX shares dropped below their initial listing price of $135 for the first time, declining 40% from a June intraday high of $225.

SpaceX shares have fallen below their initial listing price of $135 for the first time, according to market data. The stock is now down 40% from an intraday high of $225 reached in mid-June.

The decline follows the conglomerate's recent capital raise of $86 billion at a valuation of nearly $2 trillion. Elon Musk's company has seen its share price retreat as market conditions shift.

Source: First Squawk