SpaceX flirts with a further decline down the market-cap ranks
SpaceX has lost more than $1 trillion in market value since its peak, briefly landing it below Meta on the market-cap leaderboards.
Archived explainer. For the current picture see today's SPCX page.
SPACE EX TECH SPACEX A (SPCX) is down -1.40% in the latest session. Our newswire has captured 59 stories on SPCX across 16 sources in the last 36 hours, with AI sentiment reading mixed (avg 53/100).
SpaceX (SPCX) fell 1.40% to $122.26 in morning trading, extending a broader market-cap decline for the space-tech company. The stock opened with a 1.7% gap up but quickly reversed direction, falling below its IPO price and hitting an intraday low of $120.10. The move follows a recent $1 trillion market value loss since its peak and an aborted Starship launch that has raised concerns among investors.
The stock's decline came amid renewed scrutiny over SpaceX's valuation and recent operational setbacks. The company's Starship launch was delayed and ultimately unsuccessful, reinforcing investor worries about the company's technical and financial trajectory. Meanwhile, Elon Musk sold shares on April 2, and the stock has continued to trend downward over the past eight sessions, shedding 17.6% in value. The recent drop has also brought SPCX below the $135 IPO price for the first time, with retail traders on r/wallstreetbets increasingly betting against the stock. Additionally, unusual options activity has been noted, with put premiums outpacing calls by $9.7 million in the last 36 hours.
The intraday session has shown a volatile pattern, with the stock opening sharply higher but then trending lower throughout the morning. Volume so far stands at 25.6 million shares, significantly above its average. The stock is currently trading within its 52-week range of $147.11 to $225.64 but remains far below its peak. Short-term price action has been bearish, and the stock's recent performance has been accompanied by growing social chatter, with 111 posts on X and 39 on Reddit in the past week. Additionally, the unusual options activity suggests increased bearish positioning, with the largest single print reaching $24.2 million.
SpaceX does not have scheduled earnings in the immediate future, but coverage of the stock remains active, with 59 stories from 16 sources in the last 36 hours. Investors should monitor the company’s next major launch attempt and any further developments regarding its contract with the US Space Force.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Not financial advice.
SpaceX has lost more than $1 trillion in market value since its peak, briefly landing it below Meta on the market-cap leaderboards.
SpaceX’s rocket never left the launchpad, but the stock still took off in the wrong direction, slipping below its IPO price. Is this dip a buying opportunity or a warning sign?
Gavin Baker, managing partner and CIO at Atreides Management, joins CNBC’s ‘Squawk on the Street’ to discuss SpaceX, as the company has lost almost $1 trillion in market cap since its peak.
Gavin Baker, managing partner and CIO at Atreides Management, joins CNBC’s ‘Squawk on the Street’ to discuss SpaceX, as the company has lost almost $1 trillion in market cap since its peak.
SpaceXAI’s Grok AI comes to Microsoft Excel as a free Microsoft 365 add-in, automating formulas, forecasts, and data pulls from email/SharePoint—learn more...
These are the stocks posting the largest moves in midday trading.
Starship is a huge part of the SpaceX thesis.
SpaceX stock: what to know before buying SPCX amid the $123B lockup risk
More on SPCX: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier SPCX move explainers: 2026-07-29 · 2026-07-28 · 2026-07-27 · 2026-07-24 · 2026-07-23 · 2026-07-22 · 2026-07-21 · 2026-07-20 · 2026-07-17 · 2026-07-16