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Business · 10 August 2026

SpaceX shares climb back to around their $135 IPO price

SpaceX shares climb back to around their $135 IPO price

Original image by SpaceX, cropped by Markus Säynevirta via Wikimedia Commons (Creative Commons CC0 License)

Shares in Elon Musk's rocket company jumped on Monday, reaching their original listing price after a volatile period since June's market debut. SpaceX announced better-than-expected revenue of $7.81 billion in its first earnings report, beating analyst forecasts of $6.93 billion. The rebound comes after more than 911 million shares became liquid stock last Thursday.

Reported by CNBC · How we write briefs

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