SpaceX shares plunge below IPO price as earnings loom and lockup expires

SpaceX stock decline lockup expiry earnings report ARK Invest

SpaceX’s stock has fallen sharply since its June 12, 2026 IPO, trading around $110 – roughly 18 % below the $135 IPO price and an all‑time low. The slump represents a market‑cap loss of about $1‑$1.5 trillion from the June peak of $225.64 per share. The company posted a Q1 net loss of $4.28 billion on $4.69 billion of revenue, deepening investor concerns.

The firm is scheduled to release its first quarterly earnings on August 4, 2026, and the upcoming lock‑up expiry on August 6 will make up to 911 million insider shares tradable, adding potential selling pressure. Despite the weakness, ARK Invest (Cathie Wood) increased its stake, buying 124,543 SpaceX shares worth about $14 million. Morgan Stanley has reiterated an Overweight rating with a $300 price target.

Separately, SpaceX’s Starship Flight 13 successfully deployed 20 next‑generation Starlink V3 satellites, marking a key technical milestone that some analysts see as a potential catalyst for future stock recovery.

Entities

ARK Invest · ARK Investment Management · Adam Jonas · Elon Musk · Invesco QQQ Trust · Morgan Stanley · Nasdaq · Renaissance Capital · Space Exploration Technologies Corp (SpaceX) · Space Exploration Technologies Corp. · Space Exploration Technologies Corp. (SpaceX) · SpaceX

Claims

What the coverage asserts, and how many sources carry each claim.

[● 5 SOURCES] SpaceX’s market capitalization fell by roughly $1 trillion from its peak. news.az · watcher.guru · www.brasilemfolhas.com.br
[● 3 SOURCES] SpaceX shares fell to around $110‑$113, about 50% below the $225.64 peak. news.az · watcher.guru
[● 4 SOURCES] ARK Investment Management bought about 124,543 SpaceX shares worth $14.1 million during the sell‑off. cryptonomist.ch · www.brasilemfolhas.com.br · watcher.guru
[● 3 SOURCES] SpaceX will release its first quarterly earnings as a public company on August 4. watcher.guru · news.az
[● 2 SOURCES] The thin float (≈5% at IPO) could triple after lock‑up, raising SpaceX’s weight in the QQQ index. watcher.guru · news.az
[● 5 SOURCES] The lock‑up expiration on August 6 could release up to 911.5 million SpaceX shares. www.brasilemfolhas.com.br · watcher.guru
[● 3 SOURCES] Morgan Stanley maintains an Overweight rating on SpaceX with a $300 price target. guiadoinvestidor.com.br · www.ibtimes.co.uk · watcher.guru
[● 2 SOURCES] Most investors assign zero or negative value to SpaceX’s AI division. www.ibtimes.co.uk · guiadoinvestidor.com.br
[● 2 SOURCES] The SpaceX purchase was valued at about $14.14 million. bitfinanzas.com · coingape.com
[● 3 SOURCES] ARK Invest bought 27,864 shares of Tesla on July 27, 2024. bitfinanzas.com · coingape.com · www.finanzen.ch
[● 3 SOURCES] ARK Invest bought 124,543 shares of SpaceX on July 27, 2024. bitfinanzas.com · coingape.com · www.finanzen.ch
[○ 1 SOURCE] Elon Musk warned that AI could exceed the sum of human intelligence within roughly five years. coingape.com