SpaceX Stock's Biggest Test Isn't Its Post-IPO Drop. It's Coming in Late July.
Key takeaways
- Daniel Sparks, The Motley Fool Sun, June 21, 2026 at 6:23 AM GMT+7 4 min read SPCX Space X (NASDAQ: SPCX) has put new shareholders through a lot in just over a week of public trading.
- That up-and-down is the story getting all the attention.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Daniel Sparks, The Motley Fool Sun, June 21, 2026 at 6:23 AM GMT+7 4 min read SPCX Space X (NASDAQ: SPCX) has put new shareholders through a lot in just over a week of public trading. The rocket and satellite-internet company priced its initial public offering (IPO) at $135 a share on June 11 -- the biggest IPO ever at $75 billion. Then it jumped about 19% in its Nasdaq debut the next day, and it kept climbing from there, pushing past $200. As of this writing, however, shares have slipped back to around $185 -- still comfortably above the offer price, but low enough to leave many of the buyers who piled in during that first-week surge underwater.
That up-and-down is the story getting all the attention. But I d look past it. The pullback is minor next to what arrives in late July or early August, when two separate forces hit the stock at about the same time.
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 »