{"id":57060,"date":"2026-07-17T05:40:06","date_gmt":"2026-07-17T05:40:06","guid":{"rendered":"https:\/\/www.vtmarkets.com\/en-ca\/uncategorized\/spacex-shares-fall-below-ipo-price-as-investors-reassess-valuation\/"},"modified":"2026-07-17T05:40:06","modified_gmt":"2026-07-17T05:40:06","slug":"spacex-shares-fall-below-ipo-price-as-investors-reassess-valuation","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/spacex-shares-fall-below-ipo-price-as-investors-reassess-valuation\/","title":{"rendered":"SpaceX Shares Fall Below IPO Price as Investors Reassess Valuation"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2026\/07\/discover-1-1-1024x559.webp\" alt=\"\" class=\"wp-image-61921\"\/><\/figure>\n\n\n\n<p><strong>Key Points<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>SpaceX shares fell below the $135 IPO price for the first time since listing, closing near $131.11.<\/li>\n\n\n\n<li>The stock has declined after reaching a post-IPO high near $225, as investors reassess valuation and future growth expectations.<\/li>\n\n\n\n<li>A postponed Starship test flight added further pressure after some engines failed to start, triggering an automatic launch abort.<\/li>\n\n\n\n<li>Short interest increased as some traders positioned for further downside following the recent share-price decline.<\/li>\n\n\n\n<li>The SPCX daily chart shows immediate resistance near $135, while the $126.80\u2013$125 area is the first support zone to monitor.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>SpaceX shares have fallen below the company\u2019s $135 IPO price for the first time since listing, as investors reassess the stock\u2019s valuation following its strong public debut.<\/p>\n\n\n\n<p>The stock closed near $131.11, extending losses after reaching a post-listing high of around $225. Shares have declined in 14 of the first 23 trading sessions since becoming publicly traded.<\/p>\n\n\n\n<p>The move reflects a broader adjustment after the initial IPO excitement, with investors focusing on valuation, future growth expectations and the company\u2019s ability to deliver on major operational milestones.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">SpaceX\u2019s stock breaks below its IPO price for the first time <a href=\"https:\/\/t.co\/JzrY8dGUZx\">https:\/\/t.co\/JzrY8dGUZx<\/a><\/p>&mdash; MarketWatch (@MarketWatch) <a href=\"https:\/\/x.com\/MarketWatch\/status\/2077446236328595601?ref_src=twsrc%5Etfw\">July 15, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The decline below the IPO level has become a key point for traders, as the stock moves into a new valuation range after its early rally.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why Traders Are Watching SpaceX<\/h2>\n\n\n\n<p>SpaceX has attracted significant investor attention because of its position in commercial space, satellite communications and reusable launch technology.<\/p>\n\n\n\n<p>The company raised close to $90 billion through its IPO, making it one of the largest public listings globally. Shares initially gained strongly after debuting, reflecting investor optimism around long-term growth opportunities.<\/p>\n\n\n\n<p>However, the recent pullback shows that newly listed high-growth companies can experience increased volatility as markets reassess expectations.<\/p>\n\n\n\n<p>Investors are now monitoring several long-term growth areas, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Starlink expansion<\/li>\n\n\n\n<li>Reusable rocket technology<\/li>\n\n\n\n<li>Commercial launch services<\/li>\n\n\n\n<li>Future space infrastructure opportunities<\/li>\n<\/ul>\n\n\n\n<p>For traders, the key question is whether the current decline represents a normal post-IPO adjustment or a broader shift in market expectations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Starship Delay Adds Near-Term Pressure<\/h3>\n\n\n\n<p>While the share-price decline began before the latest launch update, a postponed Starship test flight added another short-term concern for investors.<\/p>\n\n\n\n<p>The planned mission was scheduled from SpaceX\u2019s Starbase facility in South Texas and was expected to deploy <a href=\"https:\/\/www.cnbc.com\/2026\/07\/16\/spacex-spcx-stock-starship-test-flight.html\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">20 next-generation Starlink satellites<\/a> while testing the latest Starship system.<\/p>\n\n\n\n<p>SpaceX announced that some engines failed to start, triggering an automatic launch abort. Elon Musk later said another launch attempt could take place within days after replacing affected engines.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">SpaceX said it will aim to launch its Starship rocket again in a few days after aborting Thursday\u2019s mission when some of its engines didn\u2019t fire up, sending shares lower. More here: <a href=\"https:\/\/t.co\/YhyPQcunVQ\">https:\/\/t.co\/YhyPQcunVQ<\/a> <a href=\"https:\/\/t.co\/UFkR9jyCWS\">pic.twitter.com\/UFkR9jyCWS<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/x.com\/business\/status\/2077922977622978777?ref_src=twsrc%5Etfw\">July 17, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The delay does not change SpaceX\u2019s long-term objectives, but it adds another factor for investors watching execution progress.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Short Interest Rises as Shares Decline<\/h3>\n\n\n\n<p>The recent decline has also attracted increased bearish positioning among market participants.<\/p>\n\n\n\n<p>Short interest rose to around 181 million shares, representing approximately 28% of the public float, as some traders positioned for further downside.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Short sellers load up against SpaceX as stock retreats back to IPO price <a href=\"https:\/\/t.co\/uQFLtT44O8\">https:\/\/t.co\/uQFLtT44O8<\/a><\/p>&mdash; CNBC (@CNBC) <a href=\"https:\/\/x.com\/CNBC\/status\/2077768312780365920?ref_src=twsrc%5Etfw\">July 16, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Higher short interest can increase volatility, particularly for recently listed companies with limited trading history.<\/p>\n\n\n\n<p>However, short positioning can also reverse quickly if positive developments, such as a successful Starship launch or stronger business updates, improve investor confidence.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Key Trading Levels<\/h2>\n\n\n\n<p>The SPCX daily chart shows the stock trading near $131.11 after falling below the IPO price.<\/p>\n\n\n\n<p>The latest session opened around $135.01, reached a high near $137.76, and recorded a low around $130.74.<\/p>\n\n\n\n<!-- TradingView Widget BEGIN -->\n<div class=\"tradingview-widget-container\">\n  <div class=\"tradingview-widget-container__widget\"><\/div>\n  <div class=\"tradingview-widget-copyright\"><a href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-SPCX\/\" rel=\"noopener nofollow\" target=\"_blank\"><span class=\"blue-text\">SPCX stock chart<\/span><\/a><span class=\"trademark\"> by TradingView<\/span><\/div>\n  <script type=\"text\/javascript\" src=\"https:\/\/s3.tradingview.com\/external-embedding\/embed-widget-advanced-chart.js\" async>\n  {\n  \"allow_symbol_change\": true,\n  \"calendar\": false,\n  \"details\": false,\n  \"hide_side_toolbar\": true,\n  \"hide_top_toolbar\": false,\n  \"hide_legend\": false,\n  \"hide_volume\": false,\n  \"hotlist\": false,\n  \"interval\": \"D\",\n  \"locale\": \"en\",\n  \"save_image\": true,\n  \"style\": \"1\",\n  \"symbol\": \"NASDAQ:SPCX\",\n  \"theme\": \"dark\",\n  \"timezone\": \"Etc\/UTC\",\n  \"backgroundColor\": \"#0F0F0F\",\n  \"gridColor\": \"rgba(242, 242, 242, 0.06)\",\n  \"watchlist\": [],\n  \"withdateranges\": false,\n  \"compareSymbols\": [],\n  \"studies\": [],\n  \"width\": 900,\n  \"height\": 500\n}\n  <\/script>\n<\/div>\n<!-- TradingView Widget END -->\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Price Level<\/strong><\/td><td><strong>What Traders Are Watching<\/strong><\/td><\/tr><tr><td>$150<\/td><td>Previous consolidation area and recovery target<\/td><\/tr><tr><td>$135<\/td><td>IPO price and immediate resistance level<\/td><\/tr><tr><td>$131.11<\/td><td>Current closing area<\/td><\/tr><tr><td>$126.80<\/td><td>First short-term support reference<\/td><\/tr><tr><td>$125<\/td><td>Psychological support zone<\/td><\/tr><tr><td>$120<\/td><td>Potential downside area if selling continues<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The first recovery level to monitor is $135, which represents the IPO price.<\/p>\n\n\n\n<p>A move back above this level could suggest that selling pressure is stabilising and bring $150 into focus.<\/p>\n\n\n\n<p>On the downside, the $126.80\u2013$125 area is the first support zone. A break below this region could expose the stock to further downside towards $120.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Bullish and Bearish Scenarios<\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2026\/07\/codeZjg5YTI4ZDM2ODI3YTY2YmY2M2FhNDk2ZDdkZjI4MzZfODd4SUdRWmpoTHQ0THVDMWJMYjVrdTVkblhBNlpVN2hfVG9rZW46TndCY2JwdjFNb1JNRHF4M1BFRGw5dk1iZ21iXzE3ODQyNTQ2MTg6MTc4NDI1ODIxOF9WNAampadd_watermarktrueampscene_typeCCM.png\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Setup<\/strong><\/td><td><strong>Trigger<\/strong><\/td><td><strong>Potential Market Reaction<\/strong><\/td><\/tr><tr><td>Recovery Attempt<\/td><td>Move above $135<\/td><td>SPCX may retest $150<\/td><\/tr><tr><td>Bullish Extension<\/td><td>Break above $150<\/td><td>Buyers may regain short-term control<\/td><\/tr><tr><td>Range Consolidation<\/td><td>Hold between $125 and $135<\/td><td>Shares may stabilise after IPO volatility<\/td><\/tr><tr><td>Bearish Breakdown<\/td><td>Fall below $125<\/td><td>Selling pressure may extend towards $120<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The bullish scenario depends on SPCX reclaiming the $135 IPO price and maintaining momentum above that level.<\/p>\n\n\n\n<p>A stronger move above $150 could improve short-term sentiment and indicate that buyers are returning.<\/p>\n\n\n\n<p>The neutral scenario is continued consolidation between $125 and $135, as investors wait for clearer signals from company developments.<\/p>\n\n\n\n<p>The bearish scenario strengthens if the stock breaks below $125, which could indicate continued selling pressure.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Trade SPCX CFDs With VT Markets<\/h2>\n\n\n\n<p>SpaceX remains a closely watched stock as investors follow developments in commercial space, Starlink expansion, rocket technology and growth-company valuations.<\/p>\n\n\n\n<p>With VT Markets, traders can access SPCX share CFDs alongside forex, gold, oil, indices, ETFs and other global CFD markets from one platform.<\/p>\n\n\n\n<p>Use VT Markets\u2019 charting tools to monitor price movements, support and resistance levels and market momentum as SpaceX develops its next trading setup.<\/p>\n\n\n\n<p>Create a live <a href=\"https:\/\/www.vtmarkets.com\/trade-now\" target=\"_blank\" rel=\"noopener\" title=\"\">VT Markets account<\/a> today to access our platform features, including market insights and educational content.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Why Trade SPCX as a CFD?<\/h2>\n\n\n\n<p>SpaceX CFDs allow traders to take a view on rising or falling price movements without owning the underlying shares.<\/p>\n\n\n\n<p>This flexibility can be useful when shares react to company milestones, launch updates, valuation changes and broader market sentiment.<\/p>\n\n\n\n<p>If SPCX breaks above resistance, traders can monitor potential recovery momentum. If price falls below support, traders can track possible downside continuation.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">What to Watch Next<\/h2>\n\n\n\n<p>The next major focus for SpaceX shares will be progress on the Starship programme and further company updates.<\/p>\n\n\n\n<p>Investors may continue monitoring:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Starship launch progress and test results<\/li>\n\n\n\n<li>Starlink expansion plans<\/li>\n\n\n\n<li>Future financial updates<\/li>\n\n\n\n<li>Short interest trends<\/li>\n\n\n\n<li>Trading activity following the IPO<\/li>\n<\/ul>\n\n\n\n<p>A successful Starship launch could support confidence around SpaceX\u2019s execution, while additional delays may keep attention on operational risks.<\/p>\n\n\n\n<p>For now, the key short-term range is between $125 and $135. A move above $135 could signal stabilisation, while a break below $125 may increase downside pressure.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\"><summary><strong>Frequently Asked Questions<\/strong><\/summary>\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Why did SpaceX shares fall below the IPO price?<\/h3>\n\n\n\n<p>SpaceX shares fell below the $135 IPO price as investors reassessed the company\u2019s valuation following its strong public debut. The decline was also influenced by post-IPO selling pressure and increased market focus on future growth expectations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What was SpaceX\u2019s IPO price?<\/h3>\n\n\n\n<p>SpaceX shares were listed at an IPO price of $135. The stock later reached a post-listing high near $225 before declining.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Did the Starship delay cause the SpaceX stock decline?<\/h3>\n\n\n\n<p>The stock decline started before the Starship launch postponement. However, the delayed test flight added further short-term pressure by increasing attention on operational progress.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Why are traders watching short interest in SpaceX?<\/h3>\n\n\n\n<p>Short interest increased as some traders positioned for further downside after the stock moved below its IPO price. Higher short interest can increase volatility if sentiment changes.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What are the key SpaceX stock levels to watch?<\/h3>\n\n\n\n<p>The IPO price near $135 is the immediate resistance level. Support is located around $126.80\u2013$125, with further downside risk near $120 if selling continues.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Could SpaceX shares recover?<\/h3>\n\n\n\n<p>A recovery may depend on successful Starship progress, stronger investor confidence and the stock reclaiming important levels such as the $135 IPO price.<\/p>\n<\/details>\n\r\n\n\n\n<p><b>Start trading now \u2014 click <a href=\"https:\/\/www.vtmarkets.com\/en-ca\/trade-now\/\">here<\/a> to create your real VT Markets account.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"<p>SpaceX shares fall below the $135 IPO price as investors reassess valuation after its public debut, while Starship delays add near-term pressure.<\/p>\n","protected":false},"author":87,"featured_media":57059,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-57060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/57060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=57060"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/57060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/57059"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=57060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=57060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=57060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}