SpaceX (SPCX) began public trading on June 12, 2026, at an IPO price of $135 per share, with a market open price of $160. Since then, the stock has declined significantly. As of late July, it was trading around $113.50, meaning investors who bought at the IPO price are down roughly 16%, those who bought at the open are down about 29%, and anyone who purchased near the all-time high of $225.64 (reached on June 16) faces a loss of nearly 50%. This trajectory is consistent with historical patterns seen in other large IPOs.