You Already Own Tesla. Should You Add SpaceX to Your Portfolio, Too?
Key takeaways
- Space Exploration Technologies (NASDAQ: SPCX), better known as Space X, priced its IPO at $135 per share on June 11, 2026, raising a record $87.5 billion and debuting on the Nasdaq exchange under the ticker SPCX.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
- As of Wednesday, June 24, SpaceX is trading near $156 a share, down roughly 31% from that peak in three days, erasing over $600 billion in market value.
Micah Zimmerman, The Motley Fool Thu, June 25, 2026 at 9:24 PM GMT+7 5 min read SPCX NVDA TSLA The short answer to the headline question is "no," and the current price action is making that case more forcefully than any analyst or stock fanboy would.
Space Exploration Technologies (NASDAQ: SPCX), better known as Space X, priced its IPO at $135 per share on June 11, 2026, raising a record $87.5 billion and debuting on the Nasdaq exchange under the ticker SPCX. Within three trading sessions, the stock price had surged to $225 -- a 67% premium over the IPO price -- giving the company a market cap that briefly approached $3 trillion.
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 »