{"id":884805,"date":"2026-06-22T12:11:20","date_gmt":"2026-06-22T12:11:20","guid":{"rendered":"https:\/\/www.europesays.com\/us\/884805\/"},"modified":"2026-06-22T12:11:20","modified_gmt":"2026-06-22T12:11:20","slug":"spacex-stock-falls-premarket-after-ipo-rally","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/884805\/","title":{"rendered":"SpaceX stock falls premarket after IPO Rally"},"content":{"rendered":"<p><a href=\"https:\/\/www.cnbc.com\/quotes\/SPCX\/\" rel=\"nofollow noopener\" target=\"_blank\">SpaceX<\/a> is down more than 5% in premarket trading on Monday, continuing a selloff that has seen the stock fall in the past two full days of trading after a rally after its record-breaking IPO.<\/p>\n<p>Shares in the company were down 5.73% at 7.15 a.m. ET.<\/p>\n<p>Elon Musk&#8217;s space and artificial intelligence firm became one of the world&#8217;s most valuable companies after a blockbuster listing on June 12. Stock surged in SpaceX&#8217;s first two full days as a public company, with market cap surpassing <a href=\"https:\/\/www.cnbc.com\/quotes\/AMZN\/\" rel=\"nofollow noopener\" target=\"_blank\">Amazon<\/a> and \u2014 briefly \u2014 <a href=\"https:\/\/www.cnbc.com\/quotes\/MSFT\/\" rel=\"nofollow noopener\" target=\"_blank\">Microsoft<\/a> on Tuesday, before falling back below both. <\/p>\n<p>Stock Chart IconStock chart icon<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\"\/><\/p>\n<p>SpaceX shares.<\/p>\n<p>Shares sank 5% and 3.6% on Wednesday and Thursday last week, before the Juneteenth holiday on Friday.<\/p>\n<p>The stock was still up 37% since its historic debut at market close on Thursday, which offered shares at a set price of $135.<\/p>\n<p>Bullish investors are betting big on the prospect of CEO Elon Musk driving long-term returns at SpaceX. The company posted a $4.9 billion net loss in 2025, and it lost $4.28 billion in the first quarter of this year.<\/p>\n<p>But the average investor who bought SpaceX shares in the open market after its debut had seen <a href=\"https:\/\/www.cnbc.com\/2026\/06\/18\/the-average-spacex-buyer-post-ipo-is-almost-under-water-after-two-day-slide.html\" rel=\"nofollow noopener\" target=\"_blank\">nearly all of their gains disappear<\/a> by the end of last week, thanks to the pullback.<\/p>\n<p>Despite that, the blockbuster IPO has made Musk the world&#8217;s first trillionaire,\u00a0minted\u00a0<a href=\"https:\/\/www.cnbc.com\/2026\/06\/12\/spacex-millionaires-wealth-management.html\" rel=\"nofollow noopener\" target=\"_blank\">thousands of new millionaires<\/a>\u00a0\u2014 and saw some shareholders&#8217; stakes <a href=\"https:\/\/www.cnbc.com\/2026\/06\/19\/musk-spacex-billionaire-shareholders.html\" rel=\"nofollow noopener\" target=\"_blank\">surpass the billion-dollar mark.<\/a><\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"SpaceX is down more than 5% in premarket trading on Monday, continuing a selloff that has seen the&hellip;\n","protected":false},"author":3,"featured_media":884806,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[2],"tags":[3453,11732,81,51,14229,50,59001,17679,158,52],"class_list":["post-884805","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-amazon-com-inc","tag-breaking-news-technology","tag-business-news","tag-headlines","tag-microsoft-corp","tag-news","tag-space-exploration-technologies-corp","tag-space-industry","tag-technology","tag-top-stories"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116793698191910869","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/884805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=884805"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/884805\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/884806"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=884805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=884805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=884805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}