A month after the initial public offering, SpaceX faced a significant correction in market value. The issuer's quotes decreased to $116.40, which is about 29 percent lower than the historical maximum recorded on June 16, 2026 at $225.64. As a result, the company's total market capitalization decreased by approximately $1.5 trillion, dropping to $1.5 trillion. This loss exceeds the current estimate of the founder's other company, Tesla Corporation, which has a market value of about $1.2 trillion. Such dynamics indicates the high volatility of the asset in the period after going public.

Against the background of declining interest in SpaceX shares, Elon Musk is actively promoting his other project, The Boring Company, an infrastructure company. According to relevant publications, the startup is negotiating to raise four billion dollars in a new round of financing, which implies a business valuation of $ 20 billion. Despite the fact that some of the company's commercial initiatives, such as the Baltimore and Chicago tunnel projects, have not been implemented, private investors continue to view Musk's asset portfolio as attractive for long-term investments. Historical experience shows that early investors in his projects, including the social network X, eventually compensated for the initial losses through subsequent corporate restructurings.

Additional pressure on the quotes is exerted by market skepticism regarding SpaceX's ambitious financial forecasts. In the initial public offering documents, the company estimated its total available market at $28.5 trillion, a significant portion of which, according to its claims, will be generated by the artificial intelligence sector. The situation may worsen after the publication of the first quarterly financial results in the status of a public company, which is expected next week. In addition, the lock-up period for 20 percent of shares held by early investors will expire on August 6, which creates the risk of increased supply on the market and a potential further decline in price.