SpaceX Stock Is Down 36% From Its Post-IPO Peak. History Says a $10,000 Investment Will Be Worth This Much by June 2027. - Yahoo Finance

What the report says

The Motley Fool reported that Space Exploration Technologies, trading under the ticker SPCX, has fallen sharply after what the article described as the largest U.S. IPO by market value. According to the report, SpaceX listed on June 12 at $135 a share, implying a valuation near $1.8 trillion, and briefly reached about $202 on its third day of trading before dropping 36% to $129.

The article’s central argument is that large IPOs have often struggled after debuting. Motley Fool analyst Trevor Jennewine compared SpaceX with the 10 largest U.S. IPOs of the past decade and said the median stock in that group was down 17% from its offer price after one year. If SpaceX followed that pattern, the article estimated the shares would be around $112 by June 2027, making a $10,000 investment at $129 worth about $8,820. It also noted that the median stock in that group fell 25% below its IPO price at some point during the first year.

The report also highlighted SpaceX’s growth case, including reusable rockets, Starlink and a stated long-term opportunity tied to orbital data centers for artificial intelligence workloads. However, it said those data centers are not expected before 2028 at the earliest and argued the stock’s valuation, cited at 88 times sales, is demanding.

Motley Fool framed the piece as investment analysis rather than a company announcement, concluding that investors may get a more attractive entry point later despite SpaceX’s long-term business prospects.