SpaceX Shares Drop as Post-IPO Momentum Slows

Shares of SpaceX fell more than 6% on June 18, marking a slowdown after the company's highly anticipated IPO. The stock is still up over 30% from its $135 offering price but faces concerns about valuation sustainability amid costly AI investments.

By Shashwat Chauhan and Jaspreet Singh Thu, June 18, 2026 at 8:01 PM GMT+3 2 min read · Yahoo Finance ·

SpaceX Shares Drop as Post-IPO Momentum Slows

Tickers: $ASMB $ASTS $LUNR $PL $RKLB $SPCX

Topics: AI investment IPO performance retail investor activity SpaceX

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