Business · 16 July 2026

SpaceX shares fell to $132.62 Wednesday, 41% below post-float peak

Elon Musk's company, initially valued more than Amazon and Microsoft, saw its shares drop to $132.62 on Wednesday. The share price drop marks a 41% fall from its post-float peak just over a month ago. Analysts say investors might be losing interest without new catalysts, and SpaceX will release its first public earnings report in August.

By BriefTea Editorial · 16 July 2026 at 6:55

Reported by BBC · How we write briefs

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