SpaceX's IPO Run May Already Be Over -- and It Could Get a Lot Worse

SpaceX (NASDAQ: SPCX) Stock Price Slides Over 6% As Post-IPO Rally Loses Momentum

SpaceX (NASDAQ: SPCX) shares tumbled more than 6% on Thursday as the euphoria surrounding the largest IPO in history showed signs of fading. The stock was last trading down 6.5% at $178.50, extending a nearly 5% decline from the previous session, though it remained more than 30% above its $135 offering price. If the losses held through the close, SpaceX’s market capitalization of $2.52 trillion would shed more than $150 billion in a single tradi…

SpaceX's IPO Run May Already Be Over -- and It Could Get a Lot Worse

The IPO market has spent years waiting for a blockbuster debut capable of reopening the floodgates for new listings. SpaceX (NASDAQ:SPCX) delivered exactly that. The aerospace and satellite giant completed the largest initial public offering in U.S. history, raising $85.7 billion after underwriters exercised their “greenshoe” option. For a market hungry for growth stories, it ... SpaceX’s IPO Run May Already Be Over — and It Could Get a Lot Worse

SpaceX Had The Best IPO In History—Now Comes The Hard Part - SpaceX (NASDAQ:SPCX)

SpaceX (SPCX) Drops 18%: Is the IPO Hype Over?

KEY POINTS SpaceX (NASDAQ:SPCX) has dropped about 18% from its 16 June high of US$225.64 to US$185 at its latest close, just days after the biggest IPO ever. The fall looks like normal profit-taking, not a problem with the business. There is no simple ASX version of SpaceX, so most local exposure comes through US-listed peers or the wider space theme. The stock is priced as if everything will go perfectly, so patient investors may get a better …

SpaceX beyond launch day and catalysts that matter for traders

SpaceX beyond launch day and catalysts that matter for tradersLegacyJune 12 was the opening bell; the real SpaceX trading story began the morning after, when the gap between IPO narrative and fundamental delivery started to close, one event at a time. The macro backdrop – was SpaceX timing this wrong? There was a question that Wall Street’s IPO euphoria had largely smothered, but that serious traders could not ignore: SpaceX listed into one of t…