{"id":75536,"date":"2026-07-17T09:37:39","date_gmt":"2026-07-17T09:37:39","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/musks-spacex-breaks-below-its-135-ipo-price-after-a-42-collapse-from-its-peak\/"},"modified":"2026-07-17T09:37:39","modified_gmt":"2026-07-17T09:37:39","slug":"musks-spacex-breaks-below-its-135-ipo-price-after-a-42-collapse-from-its-peak","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/musks-spacex-breaks-below-its-135-ipo-price-after-a-42-collapse-from-its-peak\/","title":{"rendered":"Musk&#8217;s SpaceX Breaks Below Its $135 IPO Price After a 42% Collapse From Its Peak"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">SPCX closed at $131.11 on July 16, down 3.08% and below its $135 IPO price for the first time.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">SpaceX raised a record $86 billion in its June 12 IPO and shares topped $225 before the slide.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">SpaceX holds 18,712 BTC worth about $1.19 billion, among the largest corporate bitcoin treasuries.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>A Retreat Ensues<\/h2>\n<p>The close capped a multi-day slide for Elon Musk\u2019s rocket company, given shares had already touched an <a href=\"https:\/\/finance.yahoo.com\/markets\/stocks\/article\/spacex-stock-hits-all-time-low-dips-below-ipo-price-150542970.html\" target=\"_blank\" rel=\"noopener noreferrer\">all-time low<\/a> of <a href=\"https:\/\/www.cnbc.com\/2026\/07\/15\/spacex-spcx-stock-ipo-price.html\" target=\"_blank\" rel=\"noopener noreferrer\">$132.75<\/a> intraday on Wednesday before recovering to end that session at $135.27 (pennies above the IPO price). Thursday\u2019s session erased the cushion entirely, with Bloomberg describing the drop as \u201c<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-07-15\/spacex-shares-fall-below-ipo-price-for-first-time-as-hype-fades\" target=\"_blank\" rel=\"noopener noreferrer\">hype fading<\/a>.\u201d<\/p>\n<p><\/p>\n<p>The reversal is stark when measured against the debut. SpaceX raised a record $86 billion in its June 12 listing, making it the largest IPO in history. Subsequently, the stock jumped 19% on its first day to <a href=\"https:\/\/www.cnbc.com\/2026\/06\/12\/spacex-ipo-spcx-live-updates.html\" target=\"_blank\" rel=\"noopener noreferrer\">close at $161,<\/a> with valuations eventually topping out at $225 during the first month of trading. The run cemented Musk\u2019s status as the world\u2019s first trillionaire.<\/p>\n<p>From that peak, the stock has now shed more than 40% and analysts point to a cluster of causes, i.e. investors locking in gains after one of the most hyped debuts in memory, a reassessment of the company\u2019s valuation, a failed launch attempt of the upgraded Starship V3, concerns about upcoming lock-up expirations that will free early holders to sell, and a broader tech selloff.<\/p>\n<p>In Wall Street parlance, SPCX is now a \u201cbroken IPO,\u201d a label that tends to pressure sentiment until a fundamental catalyst resets the narrative.<\/p>\n<h2>The Bitcoin Angle<\/h2>\n<p>For <span>crypto<\/span> markets, SpaceX is more than a rocket stock, especially since the company disclosed <a href=\"https:\/\/news.bitcoin.com\/spacex-ipo-puts-18712-bitcoin-treasury-on-wall-streets-radar\/\">holdings of 18,712<\/a> <span>BTC<\/span> ahead of its listing, a treasury worth about $1.19 billion at current prices that ranks among the largest corporate <span>bitcoin<\/span> stashes. Combined with Tesla\u2019s <a href=\"https:\/\/news.bitcoin.com\/on-chain-analysis-reveals-tesla-has-11509-bitcoins-and-spacex-owns-8285-btc-says-arkham\/\">11,509 BTC<\/a>, Musk-linked companies hold over 30,000 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a>.<\/p>\n<p>The debut also became a corporate-adoption talking point as Strategy head Michael Saylor <a href=\"https:\/\/news.bitcoin.com\/saylor-says-25-of-mag8-now-holds-bitcoin-after-musks-historic-spacex-ipo\/\">noted<\/a> after the IPO that a quarter of the market\u2019s biggest technology companies now hold <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> on their balance sheets. And the stock\u2019s <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-volatility\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volatility<\/a> has already produced dramatic crypto-adjacent headlines, with an earlier plunge wiping <a href=\"https:\/\/news.bitcoin.com\/musk-spacex-stock-tumble-ark-buys-dip\/\">$150 billion<\/a> from Musk\u2019s net worth in a single day, even as Ark Invest bought the dip.<\/p>\n<p> <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a> itself traded just below $63,000 on Thursday, down about 1.9%, as risk assets pulled back broadly.<\/p>\n<p>Looking ahead, there are a few key data points to keep an eye out for, namely the timing of lock-up expirations, Starship V3\u2019s return to flight, and the company\u2019s first earnings report as a public company. Whether SPCX can reclaim its $135 offering price may hinge on all three, and until it does, the world\u2019s most valuable space company will carry Wall Street\u2019s least wanted label.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/spacex-stock-closes-below-ipo-price\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways SPCX closed at $131.11 on July 16, down 3.08% and below its $135 IPO price for the first time. SpaceX raised a record $86 billion in its June 12 IPO and shares topped $225 before the slide. SpaceX holds 18,712 BTC worth about $1.19 billion, among [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":75537,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75536"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75536"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75537"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}