Veytics Intelligence
2026-09-19 · Yahoo

SpaceX Stock Has Gone Nowhere Since Its First Day of Trading

SpaceX (NASDAQ:SPCX) closed at $160.95 on June 12, its first day as a public company, capping the largest initial public offering (IPO) in history. On Friday, three months later, the stock closed at $152.71 -- about 5% below where it started. Flat doesn't mean calm, though. Shares closed as high as $211.39 in their third session, took a beating into early August (bottoming near $108), and have spent most of September climbing back. Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue » The business, meanwhile, has been anything but stuck.

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