SpaceX stock fell sharply from a historic high, falling 3.6% on Thursday 18/06/2026 to just below $185. The volume-weighted average price (VWAP) over the past five days was $181.71, which means that the average investor who bought the securities after the IPO is now at around zero. Earlier this week, stocks soared from a $135 listing to an intra-day record above $225, but then lost 20% of their peak values.

The adjustment has hit hard on thousands of retail investors who have accessed the IPO through Robinhood, Fidelity, and SoFi platforms. Although many of them have bought only a small share at $135 and remain in the net, the rapid turnaround shows how quickly market sentiment has changed. After SpaceX’s capitalization briefly approached $3 trillion, investors began to overestimate the fundamental validity of this boom.