WSJ Tech News Briefing · Wednesday, July 15, 2026
SpaceX shares dipped below their initial public offering price of $135 for the first time, trading as low as $132 before a slight recovery. The rocket maker's stock performance is being watched closely, especially with an upcoming Starship rocket test flight. Investors are also considering the company's investments in Starship for its AI and satellite communications ambitions.
“SpaceX shares traded below their IPO price of $135 for the first time today. In a sign of waning enthusiasm for the biggest listing of all time.”
“Shares slipped more than 2.5% to roughly $132 in trading before rebounding slightly. The rocket maker is listed on the tech heavy Nasdaq. Shares of tech companies have been volatile in the past month.”
“Investors will be watching the next test flight of SpaceX's Starship rocket, a mission the company may launch tomorrow evening. SpaceX has been pouring money into the vehicle, which is key for its AI and satellite communications plans.”