SpaceX is progressing toward Starship's next big test launch today!

SpaceX's market cap has lost about $1 trillion in value since its June 16 peak and hit a new low since its record-breaking IPO.

The dip in SpaceX’s shares below its blockbuster IPO price of $135 a share is an ominous sign for Elon Musk’s internet and rocket company as it faces more potential volatility in early August, when the number of shares available for trading on the Nasdaq stands to increase significantly.

The massive market debut of SpaceX and the AI gold rush are fueling a luxury boom. Private jets are just one example of the high-end items new millionaires are seeking out. “I think there are many more people who can afford to travel privately,

SpaceX dipped below its IPO price this week. The bears says it reinforces their view that the stock was overvalued and that more pain may be coming.

Good times for SpaceX are proving short-lived as Elon Musk’s intergalactic IPO is now giving fodder to bears.

Elon Musk was riding high after the SpaceX IPO catapulted him to trillionaire status. But his net worth has dipped considerably in recent weeks, even if he won’t be resorting to digging through the couch cushions for rent money.

Elon Musk's SpaceX plans to launch its Starship rocket for the second time in 2026 on July 16. Here's how to watch the mission - and why it matters.