SpaceX Dipped Below $150 and Then Bounced Back. Here's What That Tells Long-Term Investors.
Yahoo Finance ·
Most retail investors were not able to get Space Exploration Technologies ( SPCX +0.15% ) , or SpaceX, stock at the initial public offering (IPO) price. After the $135 share offering, though, SpaceX stock opened trading at $150 per share before closing its IPO day at just under $161. That $150 level essentially became the lowest trading price for SpaceX until it breached it this week. That's important psychologically for two reasons. Here's what it could mean going forward. That $150 share price also represents a market cap of just under $2 trillion. While several large tech companies are now worth more than $2 trillion , that level is still meaningful. It's especially notable when comparing SpaceX's financial status with that of the highly profitable big tech companies. Yet even as the company reported a $4.9 billion loss in 2025, the stock stemmed the slide and bounced back above $150. Financial losses were driven by a massive $6.35 billion loss in its artificial intelligence (AI) segment, though. SpaceX's Starlink broadband connectivity segment was highly profitable.
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