Posted Jul 17, 2026 at 10:01 AM UTCTSpaceX continues dropping below IPO price.SPCX sunk another three percent in extended trading after last night’s aborted Starship launch, falling further beneath its IPO price of $135. The record-setting IPO made Elon Musk the world’s first (paper) trillionaire. Today he’s worth $838.1 billion. Concerning.Down and to the right is never good. Screengrab: GoogleFollow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.Thomas Ricker
SpaceX continues dropping below IPO price.
SPCX sunk another three percent in extended trading after last night’s aborted Starship launch, falling further beneath its IPO price of $135. The record-setting IPO made Elon Musk the world’s first (paper) trillionaire. Today he’s worth $838.1 billion. Concerning. [Image: Down and to the right is never good. https://platform.theverge.com/wp-content/uploads/sites/2/2026/07/spacx-fall.jpg?quality=90&strip=all]
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