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SpaceX Stock Falls Below $135 IPO Price for First Time, Down 42% From Peak on July 16

2026-07-17 10:42:14

SPCX-3.14%

BTC-1.66%

According to Bitcoin.com News, SpaceX stock (SPCX) closed at $131.11 on July 16, falling below its $135 IPO price for the first time with a 3.08% daily decline. The shares have retreated over 42% from their $225 peak during early trading after the company's record $86 billion IPO on June 12.

SpaceX holds 18,712 BTC worth approximately $1.19 billion at current prices, ranking among the largest corporate bitcoin treasuries. Combined with Tesla's holdings, Musk-linked companies control over 30,000 BTC.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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SpaceX Stock Hits Record Low of $132.75, Breaking $135 IPO Price on July 15

In-Depth Analysis

SpaceX Starship’s 13th flight was aborted at the last moment, causing SPCX stock to fall below its offering price.

Market Whisper8h ago

SpaceX Shares Fall Below $135 IPO Price as Post-Debut Rally Unwinds

Lucas Bennett07-16 09:04

SpaceX shares initially dip below the $135 offering price, while its market-cap peak loses more than $1 trillion.

Market Whisper07-16 02:56

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