SpaceX Is Already Down 18% From Its High. Here's Why Investors Shouldn't Be Concerned.
Key takeaways
- However, Space X is still up big from its initial public offering (IPO) price of $135 and its first-day opening price of $150.
- Here s why long-term investors shouldn t be concerned about the volatility.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Daniel Foelber, The Motley Fool Mon, June 22, 2026 at 5:01 PM GMT+7 5 min read SPCX NVDA In its fifth session as a public company on June 18, Space Exploration Technologies (NASDAQ: SPCX) closed down 3.6% on the day and down about 18% from its all-time intraday high of $225.64 per share on June 16. However, Space X is still up big from its initial public offering (IPO) price of $135 and its first-day opening price of $150.
Here s why long-term investors shouldn t be concerned about the volatility.
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 »