Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTDavid Marino-NachisonWed, July 15, 2026 at 5:31 PM GMT+2 2 min readSpaceX shares are down roughly 40% from their post-IPO highs.Credit: Samuel Boivin / NurPhoto via Getty ImagesKey TakeawaysShares of SpaceX fell to a new low near $132 on Wednesday, putting it below the $135 price at which it sold shares to the public last month.Investor skepticism about the AI trade could be hitting the stock, despite broadly bullish views from Wall Street analysts and the inclusion of SpaceX in major indexes and funds.SpaceX stock fell below where it started when the company completed its record-setting IPO last month.Shares of SpaceX (SPCX) lost ground for a fourth straight session Wednesday, finishing down 0.6%. The stock closed at $135.27, earlier hitting a low of $132.15 to mark the first time it dropped below the $135 at which the company first sold shares to the public on June 12. That culminated a dramatic round trip for a stock that managed highs above $225 in its first few days of trading. (You can read Investopedia's full coverage of