Investors brace for potential sell-off after SpaceX shares fall from $213 to $191, testing valuation stability.
SpaceX shares declined 10% to $191 from $213 as a $100 billion lock-up period expired, raising concerns over a potential investor dump. The drop challenges Elon Musk’s ‘trust premium’ following recent acquisitions and market positioning.
Prior to the decline, SpaceX had secured a $60 billion AI deal with Cursor, bolstering its valuation and competing with OpenAI. Founders stand to gain significantly from the agreement, which had initially supported share stability.
Market reaction remains cautious as traders assess whether the dip signals broader valuation risks or a temporary correction amid shifting investor sentiment.