finance
SpaceX shares fall more than 3 percent in premarket trading
The stock continued a two-day decline after rising sharply following its June 12 initial public offering. At 5:15 a.m. ET the shares traded 3.65 percent lower.
CnbcAudio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.
SpaceX shares fell more than 3 percent in premarket trading on Monday, extending losses recorded on the prior two trading days. The decline follows an initial rally that lifted the stock after the June 12 listing priced at $135 per share. Market capitalization briefly exceeded that of Amazon and Microsoft before retreating.
Recent trading performance Shares dropped 5 percent on Wednesday and 3.6 percent on Thursday of the previous week. By the close on Thursday the stock remained 37 percent above the IPO price.
Company financial results SpaceX reported a $4.9 billion net loss for 2025 and a $4.28 billion loss in the first quarter of 2026. The company operates in the space and artificial intelligence sectors. Early investors who purchased shares after the debut saw nearly all post-IPO gains erased by the end of last week.
The offering created the world's first trillionaire and produced multiple new billion-dollar stakes.
Transparency
1 source · single source
CorroborationLimited · 1 source
