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SpaceX stock drops 25% since Nasdaq-100 inclusion on July 7, despite $1.48 trillion market value
svmuu.com02/08/2026 18:06
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SpaceX (Space Exploration Technologies) stock has fallen 25% since its official addition to the Nasdaq-100 index on July 7. The company, which was valued at $2 trillion during its IPO after raising $86 billion, currently holds a market value of $1.48 trillion, surpassing Meta Platforms and Tesla. Wall Street analysts project SpaceX's sales to reach $39 billion in 2026 and $73 billion in 2027, implying an 87% increase. The company is expected to report its earnings on August 4.
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