{"id":887888,"date":"2026-06-23T20:41:17","date_gmt":"2026-06-23T20:41:17","guid":{"rendered":"https:\/\/www.europesays.com\/us\/887888\/"},"modified":"2026-06-23T20:41:17","modified_gmt":"2026-06-23T20:41:17","slug":"spacex-stock-dips-below-150-debut-before-rebounding","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/887888\/","title":{"rendered":"SpaceX stock dips below $150 debut before rebounding"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">The SpaceX (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/SPCX\/\" data-i13n=\"cpos:1;pos:1\" data-ylk=\"slk:SPCX;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;1&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SPCX&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">SPCX<\/a>) stock rebounded slightly on Tuesday, after dipping below its market offering price in early trade.<\/p>\n<p class=\"yf-1fy9kyt\">SpaceX stock was down 3% to around $149 before recovering, a notable move given the stock debuted on June 12 at $150. It&#8217;s a psychologically important level and indicative that SpaceX is following other major market debuts that eventually traded below their offer price.<\/p>\n<p class=\"yf-1fy9kyt\">Shares rebounded and were up around 6% in midday trading, but only closed up less than 1%.<\/p>\n<p class=\"yf-1fy9kyt\">Market makers and SpaceX&#8217;s biggest investors, like institutional funds, will likely be under pressure to defend the stock following these big drops. In addition, SpaceX shares are approaching their IPO price of $135, another level to watch.<\/p>\n<p class=\"yf-1fy9kyt\">At $150, SpaceX stock is up only 11% from its IPO price of $135. At current levels, SpaceX has lost around $400 billion in market cap and is threatening to dip below the $2 trillion market cap level.<\/p>\n<p class=\"yf-1fy9kyt\">It was only last week, during its big run-up to an all-time high of around $225 a share, that SpaceX topped Amazon (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/AMZN\/\" data-i13n=\"cpos:2;pos:1\" data-ylk=\"slk:AMZN;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;2&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;AMZN&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">AMZN<\/a>) and even Microsoft (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/MSFT\/\" data-i13n=\"cpos:3;pos:1\" data-ylk=\"slk:MSFT;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;3&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;MSFT&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">MSFT<\/a>) to become the fourth-most-valuable public company.<\/p>\n<p class=\"yf-1fy9kyt\">SpaceX&#8217;s stumble following the initial surge after its market debut is also sinking space sector stocks.<\/p>\n<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2026\/06\/1782247277_51_unnamed_8875.png\" alt=\"Bespoke noted that these space stocks were up 99% year to date at the close on Thursday, June 11.\" loading=\"eager\" height=\"651\" width=\"540\" class=\"yf-lglytj  loaded\"\/> Bespoke noted that these space stocks were up 99% year to date at the close on Thursday, June 11.  \u00b7 Bespoke Investment Group    <\/p>\n<p class=\"yf-1fy9kyt\">Bespoke Investment Group noted that, on average, these stocks were up 99% year to date at the close on Thursday, June 11, when SpaceX (<a class=\"link \" href=\"https:\/\/urldefense.com\/v3\/__https:\/\/us.list-manage.com\/htf19NG4GeN?e=dab7a86cd9&amp;c2id=deaed0b156744b2b7967557548d86554__;!!Op6eflyXZCqGR5I!AMP6axCCDXUG6KwTkR-Th1velLNQ2EkiAjhAQLY_EcyERyyycPrnLBYL72EauaLHJeHKVwuIzNnxa1BR8r_hMlg$\" data-i13n=\"cpos:4;pos:1\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:SPCX;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;4&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SPCX&quot;,&quot;yHasCommerce&quot;:false}\">SPCX<\/a>) priced its shares at $135. Since that day, the same basket of space stocks is down an average of 17%.<\/p>\n<p class=\"yf-1fy9kyt\">In addition, the looming end of lock-up periods is weighing on the stock. SpaceX initially offered up only 4.2% of its float.<\/p>\n<p class=\"yf-1fy9kyt\">22V Research strategist Jeff Jacobson <a rel=\"nofollow noopener\" class=\"link  yahoo-link\" href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/article\/spacex-has-several-big-dates-coming-up-that-investors-shouldnt-forget-121828573.html\" data-i13n=\"cpos:5;pos:1\" data-ylk=\"slk:told Yahoo Finance;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;5&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;told Yahoo Finance&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">told Yahoo Finance<\/a> that there is a 20% insider share unlock after SpaceX&#8217;s earnings announcement in early to mid-August.<\/p>\n<p class=\"yf-1fy9kyt\">In addition, there is a 10% share unlock if the stock trades 30% above the IPO price, as well as 7% share unlocks set for around Aug. 21 and then again on Sept. 10.<\/p>\n<p class=\"yf-1fy9kyt\">Pras Subramanian is Lead Transportation Reporter for Yahoo Finance. You can follow him on<a class=\"link \" href=\"https:\/\/twitter.com\/Pras_S\" data-i13n=\"cpos:6;pos:1\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:X;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;6&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;X&quot;,&quot;yHasCommerce&quot;:false}\"> X<\/a> and on<a class=\"link \" href=\"https:\/\/www.instagram.com\/pras_s\/\" data-i13n=\"cpos:7;pos:1\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Instagram;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;7&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Instagram&quot;,&quot;yHasCommerce&quot;:false}\"> Instagram<\/a>.<\/p>\n<p class=\"yf-1fy9kyt\"><a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/tech\" data-i13n=\"cpos:8;pos:1\" data-ylk=\"slk:Click here for the latest technology news that will impact the stock market;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;8&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Click here for the latest technology news that will impact the stock market&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\"><strong>Click here for the latest technology news that will impact the stock market<\/strong><\/a><\/p>\n<p class=\"yf-1fy9kyt\"><a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/news\/\" data-i13n=\"cpos:9;pos:1\" data-ylk=\"slk:Read the latest financial and business news from Yahoo Finance;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;9&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the latest financial and business news from Yahoo Finance&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\"><strong>Read the latest financial and business news from Yahoo Finance<\/strong><\/a><\/p>\n<p>   <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"The SpaceX (SPCX) stock rebounded slightly on Tuesday, after dipping below its market offering price in early trade.&hellip;\n","protected":false},"author":3,"featured_media":887889,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[6],"tags":[64,350142,2527,310365,113057,67,132,68],"class_list":["post-887888","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-offering-price","tag-spacex","tag-spacex-stock","tag-stock-trades","tag-united-states","tag-unitedstates","tag-us"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116801364944648103","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/887888","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=887888"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/887888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/887889"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=887888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=887888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=887888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}