SpaceX stock falls below $140, down over $500 billion since Oct. 6

What happened. SpaceX (SPCX), which trades on Nasdaq, fell more than 6% on Friday, October 30. CNBC shows a close of $134.72, down $9.17, or 6.37%, on volume of about 114.5 million shares. Yahoo Finance calls it the lowest close since August 20.

How big the slide is. Yahoo Finance says the company was worth more than $2.3 trillion at its October 6 high and is worth about $1.8 trillion now. That is a loss of more than $500 billion in under a month, roughly 22% from the October 6 level. CNBC lists a market value of $1.83 trillion.

What came before. The stock rose about 8% on October 21 after third quarter results beat Wall Street's forecasts, and it has since lost more than $300 billion in value, Yahoo Finance writes. On October 22, about 1.3 billion shares became free to sell after a lockup ended, and the stock held above $140 in the sessions that followed. On Friday it broke below that level. Back in July, Reuters quoted an expert saying that investors, venture capitalists and employees often sell when lockups expire.

Next to the IPO price. According to Reuters, SpaceX went public on June 12 at an IPO price of $135 and opened at $150. It first slid below $135 on July 15. Friday's close of $134.72 is 28 cents under the IPO price. The stock is now about 10% below its first-day open, Yahoo Finance says.

Other space stocks. Space stocks as a group have lost about half their value since SpaceX's June debut, according to Yahoo Finance. After the lockup, Rocket Lab and AST SpaceMobile bounced 10% to 17% while SpaceX went nowhere. On Friday every stock in the group fell, by about 4% to 11%.

What was in the news. Yahoo Finance ties the sell-off to scrutiny of Starlink in Washington over service slowdowns in Ukraine, and to a tech stock rout that hit Alphabet, Amazon and Meta. No single cause for the SpaceX drop is named.

Who it touches. Anyone who follows recent IPOs and tech stocks. Reuters reported that retail investors received about 20% of the shares in the offering. The next notable event for the company, per Yahoo Finance, is Starship Flight 15, expected next month.

Hechos confirmados

• SpaceX (SPCX) fell more than 6% on Friday, October 30.^[1]
• The stock closed at $134.72, down $9.17, or 6.37%, on volume of 114,471,126 shares.^[2]
• It was SpaceX's lowest close since August 20.^[1]
• Since its October 6 high, when the company was worth more than $2.3 trillion, SpaceX has lost more than $500 billion in market value and is now worth about $1.8 trillion.^[1]
• SpaceX's market value on CNBC is $1.83 trillion.^[2]
• The stock is down roughly 22% since October 6.^[1]
• The stock rose about 8% on October 21 after third quarter results beat Wall Street's forecasts, and has since lost more than $300 billion in value.^[1]
• About 1.3 billion shares became free to sell on October 22, and the stock held above $140 until Friday.^[1]
• SpaceX debuted on June 12 at an IPO price of $135, opened at $150 and first slid below $135 on July 15.^[3]
• Gabriel Shahin of Falcon Wealth Planning told Reuters that investors, venture capitalists and employees sell shares after lockups expire.^[3]
• Retail investors received about 20% of the allocation in the offering.^[3]
• The stock is down about 10% from its first-day open.^[1]
• Space stocks as a group have lost about half their value since SpaceX's June debut.^[1]
• From October 22 through Thursday, Rocket Lab and AST SpaceMobile bounced 10% to 17% while SpaceX went nowhere. On Friday every stock in the group fell, by about 4% to 11%.^[1]
• Yahoo Finance ties the sell-off to scrutiny of Starlink in Washington over service slowdowns in Ukraine and to a tech stock rout that hit Alphabet, Amazon and Meta.^[1]
• Starship Flight 15 is expected next month.^[1]

Implicaciones

• ConfirmadoSpaceX stock fell below $140 and closed at its lowest level since August 20.
• ConfirmadoFriday's close of $134.72 is 28 cents under the $135 IPO price. This is our calculation from CNBC and Reuters data.
• Nuestra lecturaThe sources name no single cause: the lockup ending, Starlink news and the tech sell-off all sit nearby. Any link between them is our inference.

Todavía no se sabe

• How much of the drop comes from selling after the lockup ended and how much from the tech sell-off
• Whether the stock gets back above $140
• When exactly Starship Flight 15 will fly and how it will go

A quién afecta

World, USA. People who follow SpaceX stock, recent IPOs and the tech market

Fuentes

1. Yahoo Finance: SpaceX has lost more than $500 billion in market value in less than a month 30 de octubre de 2026 · medios
2. CNBC: Space Exploration Technologies Corp SPCX:NASDAQ 30 de octubre de 2026 · medios
3. Reuters: SpaceX's slide below IPO price risks turning blockbuster IPO into confidence test 15 de julio de 2026 · medios