Former Nasdaq CEO reveals SpaceX biggest make-or-break test
Key takeaways
- Former Nasdaq CEO reveals Space X biggest make-or-break test Mwangi Enos Mon, June 29, 2026 at 3:07 AM GMT+7 5 min read SPCX I have now covered Space X's post-IPO story from at least two major angles.
- But the conversation that stuck with me most came from Robert Greifeld, the former Chairman and CEO of Nasdaq itself.
- According to Yahoo Finance, SPCX closed June 26 at $153.23, down sharply from its all-time high of $225.64 reached June 16, just days after its record-setting $135 IPO.
Former Nasdaq CEO reveals Space X biggest make-or-break test Mwangi Enos Mon, June 29, 2026 at 3:07 AM GMT+7 5 min read SPCX I have now covered Space X's post-IPO story from at least two major angles. Jim Cramer's verdict that it "couldn't sustain the walk-up," and Doug Kass's short thesis. My colleague also covered Michael Burry studying the trade and walking away.
I have noticed one thing. Each voice has added something to the picture. Yes, that's for sure. But the conversation that stuck with me most came from Robert Greifeld, the former Chairman and CEO of Nasdaq itself.
When the man who runs the exchange SpaceX chose to list on sits down on CNBC and gives you a blunt assessment of what actually matters for the stock and not the aspirational story, but the mechanics, that is worth paying close attention to.