Should You Buy SpaceX Before July 7?
Key takeaways
- Space X raised $75 billion for the largest IPO on record, and went on to bring in a total of more than $85 billion after underwriters exercised an overallotment option.
- Since, SpaceX has given back some of its gains -- but it's still trading higher than its IPO price.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Adria Cimino, The Motley Fool Mon, June 29, 2026 at 11:25 PM GMT+7 5 min read SPCX Earlier this month, Space Exploration Technologies (NASDAQ: SPCX) offered investors one of the biggest investing events of all time: its initial public offering. Space X raised $75 billion for the largest IPO on record, and went on to bring in a total of more than $85 billion after underwriters exercised an overallotment option. The IPO was greatly oversubscribed, and the stock jumped nearly 20% in its first day of trading from its $135 IPO price. So it's clear investors were eager to get in on this growth story right away.
Since, SpaceX has given back some of its gains -- but it's still trading higher than its IPO price. In the coming weeks, certain events will unfold, and they could trigger movement in the stock price. The first such happening is right around the corner, on July 7. Should you buy SpaceX before that time? Let's find out.
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 »