Prof G Markets · Thursday, July 16, 2026
SpaceX's stock has fallen below its $135 IPO price for the first time, hitting an all-time low of $132.75 and marking a 40% drop from its peak. This decline has erased over a trillion dollars in value and comes shortly after the company's inclusion in the Nasdaq 100 index.
“Yesterday, SpaceX fell below its $135 IPO price for the first time, touching an all-time low of $132.75.”
“The stock has now dropped 40% from its peak, wiping away more than a trillion dollars in value.”
“That means the index fund and the millions of Americans whose retirement accounts track it, bought in right before a 10% decline.”