SpaceX Stock Hits Record Low of $132.75, Breaking $135 IPO Price on July 15

SPCX-0.61%

According to Yahoo Finance, SpaceX stock fell to a record low of $132.75 on Wednesday, July 15, breaching the $135 initial public offering price before closing at $135.27. The stock has declined more than 30% from its peak of $225.64 reached on June 16, roughly two weeks after its June 12 IPO debut.

SpaceX is scheduled to conduct the 13th test flight of its Starship rocket on Thursday evening. This will be the second launch of the Starship Version 3 design, which features larger dimensions and enhanced capabilities.

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