BloombergBailey Lipschultz

SpaceX shares slump: valuation down $1.2T+, stock hits new lows ahead of Aug. 6 lock-up expiry

SpaceX’s listed shares slid to new all-time lows and erased roughly $1.2 trillion in market value since its record IPO, falling about 20% below the IPO price. The selloff intensified as investors priced in risk ahead of an Aug. 6 lock-up expiration releasing up to 911.5 million shares.

2026-07-28T06:57:04.971216-07:00
CNBCJustin Papp, Luke Fountain

SpaceX stock-purchasing by Congress members fuels conflict concerns

By CNBC: Five of the Congress members serve on committees whose work touches SpaceX's federal contracts, defense programs, AI, telecommunications or securities markets.

2026-07-28T03:39:42.324689-07:00