SpaceX Stock Has Plunged 3 Days in a Row. Is This a Red Flag or a Buying Opportunity?
Key takeaways
- Just four days after raising $85 billion at a share price of $135, Space X reached as high as $225.64, and was temporarily more valuable than both Microsoft (NASDAQ: MSFT) and Amazon (NASDAQ: AMZN).
- While Space X still trades above its IPO price (at least, for now, shares have fallen for three days in a row, including a 16% decline on Monday.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Matt Frankel, CFP®, The Motley Fool Tue, June 23, 2026 at 6:16 PM GMT+7 4 min read SPCX NVDA MSFT AMZN Space Exploration Technologies (NASDAQ: SPCX) has taken investors on quite a roller coaster ride since its highly successful IPO. Just four days after raising $85 billion at a share price of $135, Space X reached as high as $225.64, and was temporarily more valuable than both Microsoft (NASDAQ: MSFT) and Amazon (NASDAQ: AMZN).
Now, the stock has reversed course. While Space X still trades above its IPO price (at least, for now, shares have fallen for three days in a row, including a 16% decline on Monday. In this article, we ll take a look at what led to the decline and whether the stock could be a buying opportunity now.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »