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Wed, 15 Jul 2026

Wed, 15 Jul 2026 SpaceX share price drops below stock market debut

Share trading in Elon Musk’s rocket company has been volatile since it went public a month ago.
- Share price fell from $135 to $132.62 on Wednesday - Down 2% compared to the wider Nasdaq index, which fell by 0.2% - Initial public offering (IPO) made Musk the world's first trillionaire, but the recent drop may mean investors lose money on their investment - Stock price is now down 41% from its post-IPO peak - SpaceX stock has been volatile since it began trading in June, with no major catalysts to remind investors why they bought shares - The company is expected to release its first public earnings report in August