June 22, 2026

SpaceX shares slide again as the post-IPO rally keeps unwinding

An aerial view of the Hong Kong Island skyline and Victoria Harbour at low sun
Lok Yiu Cheung / Unsplash

SpaceX shares looked poised to fall again as US markets reopened after the long weekend, extending a slide that has already erased much of the euphoria from the largest stock-market debut in history. The stock closed last week around $185, down rough...