SpaceX Shares Drop Below IPO Price for First Time

SpaceX shares fell below their initial public offering (IPO) price on July 15 before closing just above it. The stock closed at $135.27, down from a high that briefly valued the company over tech giants like Microsoft and Amazon. Investor concerns about debt-funded AI spending and potential Federal Reserve rate hikes are contributing to the decline.

By Niket Nishant, Johann M Cherian and Akash Sriram Wed, July 15, 2026 at 7:12 PM GMT+3 3 min read · Yahoo Finance · July 15, 2026, 16:12 UTC

Tickers: $MSFT $SPCX

Topics: AI investment IPO performance market correction SpaceX

Read the full article at Yahoo Finance

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