Drooid Logo
Back to today’s briefing

Story perspectives

SpaceX Stock Trades Near $137 After Volatile IPO

8/24/2026

50 9 Full Breakdown

1 of 1

Story summary
  • SpaceX stock trades near $137, reflecting volatility since its June 2026 Nasdaq IPO.
  • The June 2026 IPO was the largest Nasdaq offering ever recorded.
  • SpaceX’s market capitalization equals roughly $1.9 trillion based on listed shares.
  • Reusable rockets lower launch costs and enable Starship plans for space-based data centers.
  • Morgan Stanley projects free cash flow only after 2035, while the stock trades above 40× price-to-sales.