Why SpaceX Stock Is Back Down to Around Its $150 Opening Price, and What to Expect Next

SpaceX stock has declined from its IPO peak of $225.64 to around $158, just 5% above its $150 opening price on June 12, 2026. The decline was driven by typical post-IPO momentum loss and investor concerns about a $25 billion bond offering announced shortly after the IPO. Two upcoming events—addition to the Nasdaq-100 index on July 7 and the first earnings report in August—could create short-term price movements, though long-term success depends on SpaceX's progress in AI infrastructure development.