BNN Bloomberg
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Jun 18, 2026
· 2 min read
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SpaceX shares tumble as post-IPO frenzy loses steam - BNN Bloomberg
Original article ↗B.I.A.S. ANALYSIS
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LEFTCENTERRIGHT
Signal breakdown
Heuristic (v1/v3)
0.00 · CENTER
ML v2 (DistilBERT)
0.000 · CENTER
Ensemble
0.000 · CENTER
🏦 Source Intelligence
Rolling outlet bias
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avg -0.030
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Article Excerpt
Shares of Elon Musk’s rockets-to-AI firm SpaceX dropped more than six per cent on Thursday, as the post-IPO frenzy that briefly placed it among the top five most valuable companies of the world appeared to fizzle out.
Its shares were last down 6.4 per cent at US$179.62, after falling nearly five per cent in the last session. Despite the losses, the stock still traded more than 30 per cent above its $135 offering price.
Earlier this week, the market capitalization of SpaceX overtook that of Amazon, momentarily even surpassing that of Microsoft.
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How we scored this article
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