Spacex Stock Decline Sparks Concerns Over Risky Investments
WHO:
CNBC - Chris Murphy, strategist at Susquehanna
Futurism - Elon Musk, CEO of SpaceX
WHAT:
CNBC - SpaceX options showed about a 15% chance for the stock to rise by 50% and a similar chance to lose half its value in the next three months.
CNBC - SpaceX's stock rose about 50% from its IPO price and surpassed Amazon's market cap, nearing Microsoft's valuation.
Futurism - SpaceX went public with a valuation that quickly eclipsed $2 trillion.
Futurism - SpaceX shares debuted at $150, an 11% premium over the original asking price, and peaked at $222 before declining to around $200.
WHERE:
CNBC - The trading took place on the stock market.
Futurism - SpaceX's IPO and trading activities are associated with Wall Street.
WHEN:
CNBC - The options debuted on a Tuesday.
Futurism - SpaceX went public on a Friday.
WHY:
CNBC - Concerns around lock-up supply, valuation risk, and fading initial enthusiasm contributed to the trading setup.
Futurism - SpaceX's SEC filings indicated that Musk's plan for one million data centers in orbit may not be economically feasible.
HOW:
CNBC - Investors are trading based on the story, action, excitement, and the reputation of Elon Musk.
CNBC - The trading setup reflects a vigorous debate about whether SpaceX can meet initial enthusiasm.
(UPDATED June 17, 2026 08:50 UTC)
SpaceX's stock recently made headlines, debuting at $150, which was an 11% premium over the original asking price, and it quickly soared to around $200 after peaking at $222. The trading activity, taking place on Wall Street, reflects a mix of excitement and concern, with investors weighing the potential for the stock to rise by 50% against the risk of losing half its value in the coming months. Amid discussions about Elon Musk's ambitious plans for one million data centers in orbit, the market is buzzing with speculation about whether SpaceX can sustain the initial enthusiasm following its public offering, which valued the company at over $2 trillion.