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SpaceX Shares Slide 16% After $9 B Loss, Retail Surge

6/23/2026

36 7 Full Breakdown

Summary

Story summary

SpaceX shares fell 16.4% to $154.60 after an IPO surge from $135 to $202.
Retail investors bought a net $405 million of SpaceX stock last week, outpacing their S&P 500 and Nasdaq purchases.
SpaceX reported a $9 billion loss for the prior year, while the “magnificent seven” tech ETF fell nearly 10% since late May, lagging the S&P 500’s 9% gain.

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Story summary

SpaceX shares fell 16.4% to $154.60 after an IPO surge from $135 to $202.
Retail investors bought a net $405 million of SpaceX stock last week, outpacing their S&P 500 and Nasdaq purchases.
SpaceX reported a $9 billion loss for the prior year, while the “magnificent seven” tech ETF fell nearly 10% since late May, lagging the S&P 500’s 9% gain.