SpaceX Stock Hits All-Time Low, Down 38% From Post-IPO Peak
AI-summarised brief · reviewed before publication
SpaceX’s publicly traded shares slumped to an all‑time low of $137.41 on July 13, a 38 percent drop from the June 16 peak of $225.64. The decline erased roughly $1 trillion in market value and brought the price within a dollar of the $135 IPO level set when the company raised $75 billion on June 12. A thin public float—only 4‑5 percent of total shares—has amplified volatility, with the stock falling 16.4 percent in a single session, the steepest one‑day loss for a newly listed firm of its size. Analysts cite a projected $4.9 billion net loss for 2025 and a price‑to‑sales ratio near 99, fifteen times the Nasdaq‑100 average, as valuation pressures. Upcoming lock‑up expirations could increase the float by about 20 percent, while competitive developments such as Starship Flight 13 and Blue Origin’s $10 billion fundraising add further headwinds.
💡 Why It Matters
- · The looming lock‑up release could flood the market with shares, intensifying price swings and testing investor confidence in SpaceX’s long‑term profitability.
