SpaceX shares have fallen to $133.32 following a period of high volatility after the company's record-setting initial public offering.
SpaceX shares fell for a fifth consecutive session on Thursday, dropping to $133.32. This decline places the stock price below its initial public offering price of $135, following a period of intense investor euphoria that saw the price peak at $225. Analysts attribute the recent retreat to sputtering demand as investors move past the initial publicity of the listing to evaluate the company's bottom line. While SpaceX recorded a revenue jump to $18.7 billion in 2025, it registered a loss of $4.9 billion last year. The stock's performance is currently influenced by the company's long-term vision for space exploration and its role in the AI revolution. Despite the recent slide, some investors view the pullback as a buying opportunity. Market observers note that while the stock has experienced turbulence, it remains a primary bet on the leadership of Elon Musk. Investors are currently weighing the company's ambitious goals, such as orbital data centers, against its current financial track record.