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SPCX Falls 13% From IPO; SpaceX Halts Falcon 9 Bookings Beyond 2028

2026-07-24 10:44:01

SPCX-4.92%

According to Bloomberg, on July 23, SpaceX has begun turning away satellite operators seeking dedicated Falcon 9 launches beyond 2028 and halted rideshare reservations, pausing production of non-reusable Falcon components. HSBC analysts initiated coverage with a 'Hold' rating and $115 price target, suggesting marginal downside from current levels, as SPCX shares have fallen 13% from the $135 IPO price.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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In-Depth Analysis

SpaceX Stock Declines 1.95% as Short Selling and Launch Delays Weigh

Lucas Bennett6h ago

SpaceX Stock Falls to $118.25 as Short Sellers Hold $15.5B Profits

Lucas Bennett18h ago

SpaceX falls by nearly half within a month after going public, setting a new all-time low: a hundred-billion-level unlock puts pressure on the stock—where is SPCX’s bottom?

Gate Instant Trends07-23 03:06

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