SpaceX Stock Plummets 50% Below Its Post-IPO High. History Says a $5,000 Investment Will Be Worth This Much by June 2027.
SpaceX shares have collapsed 50% from their post-IPO peak of $226 to $113 in under two months, erasing half the value since the company completed the largest IPO in history. The sell-off stems from profit-taking following the public debut, recent launch aborts, cooling sentiment around AI-related investments, and the expiration of lock-up agreements that freed early investors to sell.
Analysts warn the stock could breach $100 in the near term as technical support weakens. However, the same analysts project a recovery to $135 by June 2027 if SpaceX can demonstrate successful Starship missions without failures and prove Starlink's path to sustained profitability. At current prices, a $5,000 investment would purchase roughly 44 shares, positioning for potential 19% upside to the $135 target over the next three years.
The lock-up expirations remain a critical overhang, as insiders and early backers who were restricted from selling post-IPO now have liquidity. Combined with operational setbacks on recent launches, the technical picture has deteriorated sharply from the IPO euphoria that drove shares to $226.