How far has SPCX fallen from its high?

From a post-IPO peak of $225.64 to $116.41 at the most recent close, a decline of $109.23 a share, or 48.4%. The price is RadarPulse's own market data as of July 29, 2026; the peak is the post-IPO high reported by the sources cited.

When does SpaceX report earnings?

August 4, 2026 would be its first report as a public company, per TradingView and Yahoo Finance coverage dated July 27-28. RadarPulse's own earnings calendar does not yet carry SPCX, so that date rests on those external sources rather than on our data.

Does the drawdown mean the business is deteriorating?

The reporting cited here reads it as a valuation reset rather than a change in the underlying business. Deutsche Bank has kept a $255 target. Near-term risks named in that coverage are insider selling once the lockup expires and uncertainty around the first earnings report.

Markets · July 29, 2026 · NEWS

SpaceX's post-IPO plunge is now a 48.4% drawdown

A stock that completed the largest IPO in history less than two months ago has given back nearly half its value. The reset looks like valuation, not business.

RadarPulse Markets Team 1 min read Published July 29, 2026

SpaceX (SPCX) shares have fallen from their post-IPO peak of $225.64 to $116.41 as of the most recent close, up 2.56% on the day, per RadarPulse's own market data. That is a decline of $109.23 a share, or 48.4% off the high, in a stock that completed the largest IPO in history less than two months ago.

Peak $225.64 to $116.41 is a $109.23 decline (48.4%).

The mechanics behind the move matter more than the headline number. SpaceX's early decline was driven more by fading IPO hype than by any change in the underlying business. The stock joined a broader space-sector selloff that was already underway before its June 12 debut.

The near-term catalyst to watch: the decline appears to reflect a valuation reset rather than deteriorating business prospects, though near-term risk remains from possible insider selling once the post-IPO lockup expires, and from uncertainty around the company's first earnings report, due August 4, still six days out as of this writing, per TradingView and Yahoo Finance (July 27-28).

Deutsche Bank, notably, has not moved off its bullish call. The bank's $255 price target implies the pullback is noise around a durable long-term thesis built on reusable-launch economics and Starlink's expansion into enterprise connectivity (The Motley Fool, July 15).