SpaceX shares dropped in premarket trading Monday, continuing a selloff after their record-breaking June 12 IPO, despite still being up 37% at Thursday's market close.
The stock has fallen over 13% in the last 3 sessions
Jun 22, 2026
05:30 pm
What's the storySpaceX's stock has witnessed a sharp decline in premarket trading today, falling over 5%.
The downturn comes after a massive rally post the company's historic IPO on June 12. The company's market cap had briefly surpassed Amazon and, briefly, Microsoft in its first two days as a public company.
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A rally following the company's record breaking IPO on June 12 has cooled, with stock dropping the past two full days of trading.
SpaceX shares experienced their first decline since their IPO on Wednesday, ending a three-day rally that briefly surpassed…
Still, it remains on track to end the week about 35 per cent above its US$135 (S$175) IPO price. Read more at straitstimes.com.…
SpaceX shares dropped for a third consecutive trading day on Monday, extending a pullback after the Elon Musk-led firm's mega IPO…
Shares fell by as much as 7% during volatile trading - after they had been up by 6% earlier in the session. They eventually…
SpaceX shares fell more than 6% as the rally after the largest IPO in history cooled, though the stock held above its $135…
