Reuters
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SpaceX drops below IPO price | Morning Bid
Posted
July 16, 2026
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96
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July 16, 2026
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7:29Now PlayingSpaceX has fallen back below its $135 listing price and sits more than 30% off its post-listing peak, with insiders expected to begin selling as lockup periods expire over the coming months. The company has yet to confirm a date for its first earnings report. TSMC's record 77% profit jump offers some relief to chip investors after a rocky week. Plus, the British pound climbs to a one-year high against the euro on UK finance minister speculation.
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