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SpaceX Stock Has Officially Fallen Below Its Opening Price

The stock erased all gains from its June 12 debut as investors sold amid AI bubble fears and concerns over billions in cash burn.

Summary by Futurism
Elon Musk’s SpaceX went stratospheric following its June 12 IPO, soaring from an opening price of $150 to an all-time high of just over $225, inflating its market cap to just shy of $3 trillion. But in the days that followed, many investors started getting cold feet, wiping out hundreds of billions of dollars in value as the shares slid, slowly at first, before accelerating their return to the ground. On Monday alone, shares plummeted by almost …

7 Articles

SpaceX stock is experiencing a turbulent period. The price of the SPCX perpetual contract is falling so sharply that liquidations exceed $76 million in a 24-hour period, making it the third-largest liquidation pool in the crypto derivatives market, surpassed only by Bitcoin and Ethereum. Price drops briefly... The post SpaceX stock (SPCX) drops below opening price after heavy day appeared first on Blockchain Stories.

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Pénzcentrum broke the news on Tuesday, June 23, 2026.
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