SpaceX Stock Drops 50% From Peak, Lags 80% Nasdaq IPO Peers

SpaceX shares halved from June highs despite $315M retail buying in July. Performance now trails 80% of Nasdaq mega IPOs, with restricted share unlocks beginning in August 2026.

Woofun AI data shows that SpaceX stock has declined approximately 50% from its peak on June 16, reversing a prior 50% gain from its initial public offering price. Retail investors purchased roughly $315 million worth of shares in July, the highest volume for any single stock during that period.

Comparative analysis indicates SpaceX currently underperforms 80% of large Nasdaq IPOs when adjusted for trading days since listing, a sharp reversal from leading that same cohort weeks earlier. The first tranche of restricted shares is scheduled to unlock on August 6, 2026, with monthly releases continuing until full vesting in December.