SpaceX stock remains below July levels and IPO peak despite August rebound
SpaceX shares recovered from a post-IPO low near $105 in early August but remain below their debut price and July highs.
Why it matters
This is the only source covering the story. The account is limited to Finbold's reporting and should be treated with caution.
Key facts
SpaceX IPO'd on NASDAQ in June 2026 at $135 per share
135 USDReported by Finbold
Shares surged above $225 in the first weeks of trading
225 USDReported by Finbold
Company valuation exceeded $2 trillion during the initial rally
2,000,000,000,000 USDReported by Finbold
Shares fell to a post-IPO low near $105 in early August
105 USDReported by Finbold
Current trading price is approximately $147
147 USDReported by Finbold
Second-quarter revenue climbed 92% year-over-year to $7.8 billion
7,800,000,000 USDReported by Finbold
Adjusted EBITDA jumped 191% to $3.5 billion in Q2
3,500,000,000 USDReported by Finbold
What happened
SpaceX stock, which debuted on NASDAQ in June 2026 at $135 per share, surged above $225 in its first weeks of trading before retreating throughout July to a low near $105 in early August, according to Finbold. The stock has since rebounded into the mid-$140 range. A hypothetical $10,000 investment made on July 6, 2026 at $160 per share would be worth approximately $9,188 at a current price of about $147, representing a roughly 8% loss. Finbold attributed the sell-off to concerns over elevated valuations, heavy spending on artificial intelligence infrastructure, and insider selling following lock-up expirations. The company reported strong second-quarter results, with revenue climbing 92% year-over-year to $7.8 billion and adjusted EBITDA jumping 191% to $3.5 billion, with Starlink cited as a key growth driver.
How the story developed
- First report
First report by Finbold
$10,000 invested in SpaceX stock 2 months ago is now worth
- Update
SpaceX IPO on NASDAQ
Company debuted at $135 per share
- Update
Shares peaked above $225
Investor enthusiasm drove stock to new highs
- Update
Shares fell to post-IPO low near $105
Concerns over valuation, AI spending, and insider selling drove the sell-off
- Update
SpaceX reported Q2 results
Revenue up 92% YoY to $7.8B; EBITDA up 191% to $3.5B
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Finbold Crypto media | $10,000 invested in SpaceX stock 2 months ago is now worth | Original |
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