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News in English (USA) / 18.06.2026 / 21:00

SpaceX Stock Experiences Major Decline Following Initial IPO Surge

In the wake of a three-day rally that saw SpaceX stock climb significantly post-IPO, shares have begun to tumble, dropping by as much as 8%. Analysts suggest that the initial frenzy surrounding the IPO is fading, leading to profit-taking and a natural cooldown period. Financial experts are weighing in, cautioning investors about the volatility of the stock and reminding them that the company still has yet to find consistent profitability. Despite price targets being raised and speculative trading surrounding the stock, there remains uncertainty about the sustainability of its current valuation. As investors reflect on recent fluctuations, discussions about when to buy or whether to hold off continue to dominate market sentiment.
Yahoo Finance, Reuters, Bloomberg.com, Business Insider, CNBC, The New York Times, "Barrons", WSJ, "Investors Business Daily", Forbes