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SpaceX stock returns to Earth after record IPO
Key takeaways
- Shares in Elon Musk’s rocket company SpaceX halted their three-day slide that had erased roughly $600 billion off its market value.
- SpaceX shares closed at $156.11 with a nearly 1% gain on Tuesday, a slight recovery from a 16% fall on Monday.
- That loss dropped the stock below $160.95, where it ended the day June 12 after a 19% surge during its record initial public offering.
Space X President Gwynne Shotwell, right, celebrates with colleagues during a bell ringing ceremony for the company’s IPO on June 12. (Frank Franklin II / Associated Press) By Laurence Darmiento Staff Writer Follow June 23, 2026 3:26 PM PT 1 6 min Click here to listen to this article Share via Close extra sharing options Email Facebook X Linked In Threads Reddit Whats App Copy Link URL Copied! Print 0:00 0:00 1x This is read by an automated voice. Please report any issues or inconsistencies here.
Shares in Elon Musk’s rocket company SpaceX halted their three-day slide that had erased roughly $600 billion off its market value.
SpaceX shares closed at $156.11 with a nearly 1% gain on Tuesday, a slight recovery from a 16% fall on Monday.
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