SpaceX Stock Drops 2.7% to $110.85, Hitting New Low Since IPO Amid Launch Focus
2026-07-23 23:08

Woofun AI reports that SpaceX (SPCX) shares declined by 2.7%, settling at $110.85 and reaching a new low since its initial public offering. The company is scheduled to attempt another launch between 6:45 and 8:15 on July 24 Beijing time, drawing investor attention to the outcome. This follows the automatic abort of Starship Flight 13’s hotfire test on July 17, which occurred approximately one second before liftoff.

Broader space sector equities also faced downward pressure. Virgin Galactic (SPCE) fell by 2.8%, AST SpaceMobile (ASTS) dropped by 6.1%, and Rocket Lab (RKLB) decreased by 3.6%.

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