SpaceX stock drops to $110.85, its lowest level since IPO amid concerns over rocket launches.

iconChainthink
Share
AI summary iconSummary
On-chain data shows SpaceX (SPCX) stock fell 2.7% to $110.85 on July 23, 2026, its lowest level since the IPO. The decline occurred as the company prepares for a Starship launch attempt on July 24. On-chain analysis reveals broader market pressure, with Virgin Galactic (SPCE) down 2.8%, AST SpaceMobile (ASTS) down 6.1%, and Rocket Lab (RKLB) down 3.6%.

ChainThink reports that on July 23, according to market data, U.S. space-themed stocks declined collectively, with SpaceX (SPCX) falling 2.7% to a low of $110.85, hitting its lowest level since its IPO.

SpaceX plans to attempt another launch between 6:45 and 8:15 AM Beijing time on July 24, and investors are closely watching the outcome of this launch.

Starship Flight 13 ignited on the morning of July 17 and automatically aborted approximately one second before liftoff.

Other space-related stocks also declined: Virgin Galactic (SPCE) fell 2.8%, AST SpaceMobile (ASTS) dropped 6.1%, and Rocket Lab (RKLB) slid 3.6%.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.