Quick Read – SpaceX surged from its $135 IPO price to $225 intraday before collapsing to $151, erasing nearly all post-IPO gains. – SpaceX becomes the fastest newly public company ever added to the Nasdaq-100, triggering mechanical passive-fund buying that won’t sustain the…
ock long-term. – Morningstar warns SpaceX could be worth less than half its IPO price, leaving little margin for error if Starlink or Starship growth disappoints. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and SpaceX didn’t make the cut. Grab the names FREE today
The market has spent much of 2026 rewarding companies tied to artificial intelligence, defense, and space technology with premium valuations. Investors have been willing to pay up for businesses promising decades of future growth, often overlooking near-term fundamentals. That enthusiasm helped make SpaceX’s (NASDAQ:SPCX) public debut one of the biggest investing stories of the year.
Yet markets eventually force every stock to answer the same question: what is the business actually worth? Today’s addition to the Nasdaq-100 may provide another catalyst, but it doesn’t change the underlying math that long-term investors should be watching. SpaceX’s Historic IPO Has Already Lost Its Momentum SpaceX delivered the largest initial public offering in history last month, pricing shares at $135 before opening for trading at $150.