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SpaceX stock hits record low ahead of Starship test flight
Dagens IndustriLO·US·2 days ago
SpaceX shares experienced intraday volatility, dropping 6.9% before recovering to US$122.12 following the cancellation of a scheduled Starship launch. The market reaction highlights sensitivity to operational delays in the company's high-stakes launch schedule.
SpaceX has experienced significant valuation declines following its mid-June 2026 initial public offering, with confirmed reductions ranging from $200 billion to $1 trillion. This volatility is exacerbated by market sensitivity to operational delays, as evidenced by intraday share fluctuations following a Starship launch cancellation. The underlying drivers for the broader post-IPO valuation shift remain largely unspecified.