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SPCX, ORCL, QS Hit 52-Week Lows Today; SPCX Falls to $110.85, ORCL to $119.44, QS to $4.97

2026-07-24 03:32:35

SPCX2.61%

ORCL-4.62%

QS-13.02%

On Thursday, shares of SpaceX (SPCX), Oracle Corp. (ORCL), and QuantumScape Corp. (QS) fell to 52-week lows amid a broader tech market selloff. SPCX declined to an all-time low of $110.85, dropping below its $135 IPO price as post-debut enthusiasm faded. ORCL slid to $119.44, its lowest level in over two years, on growing concerns about aggressive AI infrastructure spending and rising debt amid announced $95 billion capex plans for fiscal 2027. QS shares tumbled to $4.97 following Q2 results, with investors weighing longer-term profitability challenges and Volkswagen's reduced $75 million milestone payment commitment.

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