SpaceX stock fell post-IPO due to various factors, including expiration of an initial lockup period for insiders and early investors, which made more shares available for trading than the roughly 639 million sold in the IPO. Another was the company's enormous capital expenditures. Its 2025 capex was $20.7 billion, nearly double the 2024 total.

George Noble, a former Fidelity fund manager, said the "Elon premium" that's helped drive bullish sentiment in Musk's companies is fading.

Thousands of retail investors bought what they were told was pre-IPO SpaceX exposure, only to discover the shares beneath them had already been sold, stacked, or may never have existed at all. The lockup clock just started,

The AI giant plans to go public in the next couple of months.

The title for the biggest IPO of 2026 is on the line.

Two weeks after Tesla's earnings report was panned by Wall Street, Elon Musk faces investors again, but this time to discuss SpaceX's results.

SpaceX (SPCX) stock faces bearish calls with $75 targets despite Q2 revenue surging 92%. Analysts debate whether SPCX is worth $10 or headed to $800.

The company's struggling shares are launching back into orbit.