SpaceX (SPCX) Stock Hits New All-Time Low Ahead as Lock-Up Expiry Nears

TLDR

• SPCX hit a new all-time low of $109.53 Monday, now down ~50% from its all-time high of $225.64
• Stock is off nearly 30% from its $150 IPO debut last month
• Earnings are due August 4, followed by a major lock-up expiry on August 6 allowing up to 20% of eligible stock to be sold
• Starship Flight 13 launched successfully, deploying 20 Starlink V3 satellites, though the Super Heavy booster missed its landing burn
• SpaceX has stopped taking new Falcon 9 bookings beyond 2028, making Starship’s success critical to the company’s future

SpaceX (SPCX) stock dropped another 4% in early trade Tuesday, adding to Monday’s decline that pushed the stock to a new all-time low of $109.53. It closed Monday at $113.50, down 1.4% on the day.

Space Exploration Technologies Corp., SPCX

The stock has now lost nearly 30% from its $150 IPO price set just last month. From its all-time high of $225.64, the drop is closer to 50%. That wipeout in market value — over $1.2 trillion — is roughly equal to Tesla’s (TSLA) entire market cap.

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