\n<\/p>\n
Billboards in Times Square celebrate the SpaceX IPO debut at the Nasdaq on June 12th, 2026. <\/p>\n
Adam Jeffery | CNBC <\/p>\n<\/div>\n<\/div>\n<\/div>\n
SpaceX<\/a><\/button><\/span><\/span><\/span> stock fell 9% on Monday, continuing a selloff that has seen shares tumble in the past two full days of trading after an initial rally from its record-breaking initial public offering<\/a>.<\/p>\nElon Musk<\/a>‘s space and artificial intelligence<\/a> firm became one of the world’s most valuable companies after a blockbuster listing on June 12. Stock surged in SpaceX’s first two full days as a public company, with market cap surpassing Amazon<\/a><\/button><\/span><\/span><\/span> and \u2014 briefly \u2014 Microsoft<\/a><\/button><\/span><\/span><\/span> on Tuesday, before falling back below both. <\/p>\nShares sank 5% and 3.6% on Wednesday and Thursday last week, before the Juneteenth holiday on Friday.<\/p>\n<\/div>\n\nStock Chart Icon<\/title><desc>Stock chart icon<\/desc><g transform=\"translate(1.4065934065934016 1.4065934065934016) scale(2.81 2.81)\"><path d=\"M 87.994 0 H 69.342 c -1.787 0 -2.682 2.16 -1.418 3.424 l 5.795 5.795 l -33.82 33.82 L 28.056 31.196 l -3.174 -3.174 c -1.074 -1.074 -2.815 -1.074 -3.889 0 L 0.805 48.209 c -1.074 1.074 -1.074 2.815 0 3.889 l 3.174 3.174 c 1.074 1.074 2.815 1.074 3.889 0 l 15.069 -15.069 l 14.994 14.994 c 1.074 1.074 2.815 1.074 3.889 0 l 1.614 -1.614 c 0.083 -0.066 0.17 -0.125 0.247 -0.202 l 37.1 -37.1 l 5.795 5.795 C 87.84 23.34 90 22.445 90 20.658 V 2.006 C 90 0.898 89.102 0 87.994 0 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><path d=\"M 65.626 37.8 v 49.45 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 23.518 L 65.626 37.8 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><path d=\"M 47.115 56.312 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 42.03 L 47.115 56.312 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><path d=\"M 39.876 60.503 c -1.937 0 -3.757 -0.754 -5.127 -2.124 l -6.146 -6.145 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 59.844 C 41.952 60.271 40.933 60.503 39.876 60.503 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><path d=\"M 22.937 46.567 L 11.051 58.453 c -0.298 0.298 -0.621 0.562 -0.959 0.8 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 48.004 L 22.937 46.567 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><\/g><\/svg><\/p>\n<div class=\"Collapsible-proLivePlayerCloseOrExpand\"><img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\" title=\"\"><\/div>\n<\/div>\n<p><iframe title=\"SpaceX shares.\" src=\"https:\/\/www.cnbc.com\/appchart?symbol=SPCX&range=1M&type=mountain&embedded=true&$DEVICE$=undefined\" height=\"460\" scrolling=\"no\" loading=\"lazy\" style=\"border:0;width:100%\"><\/iframe><\/p>\n<p>SpaceX shares.<\/p>\n<\/div>\n<div class=\"group\">\n<p>The stock was still up 37% since its historic debut at market close on Thursday, which offered shares at a set price of $135.<\/p>\n<p>SpaceX also on Monday announced a <a href=\"https:\/\/www.cnbc.com\/2026\/06\/22\/spacex-spcx-bond-sale-ipo.html\" target=\"_blank\" rel=\"noopener\">senior unsecured notes offering<\/a> and disclosed that it had $100.8 billion in cash and cash equivalents on hand as of June 19.<\/p>\n<p>Bullish investors are betting big on the prospect of Musk driving long-term returns at SpaceX. The company posted a $4.9 billion net loss in 2025, and it lost $4.28 billion in the first quarter of this year.<\/p>\n<p>But the average investor who bought SpaceX shares in the open market after its debut had seen <a href=\"https:\/\/www.cnbc.com\/2026\/06\/18\/the-average-spacex-buyer-post-ipo-is-almost-under-water-after-two-day-slide.html\" target=\"_blank\" rel=\"noopener\">nearly all of their gains disappear<\/a> by the end of last week, thanks to the pullback.<\/p>\n<p>Despite that, the blockbuster IPO has made Musk the world’s first trillionaire,\u00a0minted\u00a0<a href=\"https:\/\/www.cnbc.com\/2026\/06\/12\/spacex-millionaires-wealth-management.html\" target=\"_blank\" rel=\"noopener\">thousands of new millionaires<\/a> and saw some shareholders’ stakes <a href=\"https:\/\/www.cnbc.com\/2026\/06\/19\/musk-spacex-billionaire-shareholders.html\" target=\"_blank\" rel=\"noopener\">surpass the billion-dollar mark.<\/a><\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\"><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/div>\n<\/div>\n<p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billboards in Times Square celebrate the SpaceX IPO debut at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC<\/p>\n","protected":false},"author":1,"featured_media":34914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_animmysite_disable_animation":false,"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108321570-1781377484011-IMG_1064.jpeg?v=1781377596&w=1920&h=1080","fifu_image_alt":"","footnotes":""},"categories":[212],"tags":[],"class_list":["post-34913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending-news"],"_links":{"self":[{"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/posts\/34913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/comments?post=34913"}],"version-history":[{"count":0,"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/posts\/34913\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/media\/34914"}],"wp:attachment":[{"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/media?parent=34913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/categories?post=34913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/tags?post=34913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Elon Musk<\/a>‘s space and artificial intelligence<\/a> firm became one of the world’s most valuable companies after a blockbuster listing on June 12. Stock surged in SpaceX’s first two full days as a public company, with market cap surpassing Amazon<\/a><\/button><\/span><\/span><\/span> and \u2014 briefly \u2014 Microsoft<\/a><\/button><\/span><\/span><\/span> on Tuesday, before falling back below both. <\/p>\nShares sank 5% and 3.6% on Wednesday and Thursday last week, before the Juneteenth holiday on Friday.<\/p>\n<\/div>\n\nStock Chart Icon<\/title><desc>Stock chart icon<\/desc><g transform=\"translate(1.4065934065934016 1.4065934065934016) scale(2.81 2.81)\"><path d=\"M 87.994 0 H 69.342 c -1.787 0 -2.682 2.16 -1.418 3.424 l 5.795 5.795 l -33.82 33.82 L 28.056 31.196 l -3.174 -3.174 c -1.074 -1.074 -2.815 -1.074 -3.889 0 L 0.805 48.209 c -1.074 1.074 -1.074 2.815 0 3.889 l 3.174 3.174 c 1.074 1.074 2.815 1.074 3.889 0 l 15.069 -15.069 l 14.994 14.994 c 1.074 1.074 2.815 1.074 3.889 0 l 1.614 -1.614 c 0.083 -0.066 0.17 -0.125 0.247 -0.202 l 37.1 -37.1 l 5.795 5.795 C 87.84 23.34 90 22.445 90 20.658 V 2.006 C 90 0.898 89.102 0 87.994 0 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><path d=\"M 65.626 37.8 v 49.45 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 23.518 L 65.626 37.8 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><path d=\"M 47.115 56.312 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 42.03 L 47.115 56.312 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><path d=\"M 39.876 60.503 c -1.937 0 -3.757 -0.754 -5.127 -2.124 l -6.146 -6.145 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 59.844 C 41.952 60.271 40.933 60.503 39.876 60.503 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><path d=\"M 22.937 46.567 L 11.051 58.453 c -0.298 0.298 -0.621 0.562 -0.959 0.8 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 48.004 L 22.937 46.567 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><\/g><\/svg><\/p>\n<div class=\"Collapsible-proLivePlayerCloseOrExpand\"><img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\" title=\"\"><\/div>\n<\/div>\n<p><iframe title=\"SpaceX shares.\" src=\"https:\/\/www.cnbc.com\/appchart?symbol=SPCX&range=1M&type=mountain&embedded=true&$DEVICE$=undefined\" height=\"460\" scrolling=\"no\" loading=\"lazy\" style=\"border:0;width:100%\"><\/iframe><\/p>\n<p>SpaceX shares.<\/p>\n<\/div>\n<div class=\"group\">\n<p>The stock was still up 37% since its historic debut at market close on Thursday, which offered shares at a set price of $135.<\/p>\n<p>SpaceX also on Monday announced a <a href=\"https:\/\/www.cnbc.com\/2026\/06\/22\/spacex-spcx-bond-sale-ipo.html\" target=\"_blank\" rel=\"noopener\">senior unsecured notes offering<\/a> and disclosed that it had $100.8 billion in cash and cash equivalents on hand as of June 19.<\/p>\n<p>Bullish investors are betting big on the prospect of Musk driving long-term returns at SpaceX. The company posted a $4.9 billion net loss in 2025, and it lost $4.28 billion in the first quarter of this year.<\/p>\n<p>But the average investor who bought SpaceX shares in the open market after its debut had seen <a href=\"https:\/\/www.cnbc.com\/2026\/06\/18\/the-average-spacex-buyer-post-ipo-is-almost-under-water-after-two-day-slide.html\" target=\"_blank\" rel=\"noopener\">nearly all of their gains disappear<\/a> by the end of last week, thanks to the pullback.<\/p>\n<p>Despite that, the blockbuster IPO has made Musk the world’s first trillionaire,\u00a0minted\u00a0<a href=\"https:\/\/www.cnbc.com\/2026\/06\/12\/spacex-millionaires-wealth-management.html\" target=\"_blank\" rel=\"noopener\">thousands of new millionaires<\/a> and saw some shareholders’ stakes <a href=\"https:\/\/www.cnbc.com\/2026\/06\/19\/musk-spacex-billionaire-shareholders.html\" target=\"_blank\" rel=\"noopener\">surpass the billion-dollar mark.<\/a><\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\"><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/div>\n<\/div>\n<p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billboards in Times Square celebrate the SpaceX IPO debut at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC<\/p>\n","protected":false},"author":1,"featured_media":34914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_animmysite_disable_animation":false,"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108321570-1781377484011-IMG_1064.jpeg?v=1781377596&w=1920&h=1080","fifu_image_alt":"","footnotes":""},"categories":[212],"tags":[],"class_list":["post-34913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending-news"],"_links":{"self":[{"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/posts\/34913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/comments?post=34913"}],"version-history":[{"count":0,"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/posts\/34913\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/media\/34914"}],"wp:attachment":[{"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/media?parent=34913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/categories?post=34913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trendifyhubusa.com\/index.php\/wp-json\/wp\/v2\/tags?post=34913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Shares sank 5% and 3.6% on Wednesday and Thursday last week, before the Juneteenth holiday on Friday.<\/p>\n<\/div>\n