SpaceX Nears IPO Price Again After Staging $327 Billion R…

SpaceX shares have seen a significant increase, rising 16% recently, leading to a total two-day rally of approximately 23%. This surge has added over $327 billion in market value, bringing shares close to its initial public offering (IPO) price of $135. The stock's rebound occurs despite recent insider selling restrictions being lifted, which analysts had anticipated could create selling pressure.

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SpaceX signage during the closing bell ceremony at the Nasdaq MarketSite in New York on June 12.

SpaceX signage during the closing bell ceremony at the Nasdaq MarketSite in New York on June 12. Photographer: Michael Nagle/Bloomberg

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By Carmen Reinicke and Jordan Fitzgerald

August 7, 2026 at 8:29 PM UTC

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SpaceX shares jumped for a second straight day bringing them close to breaking back above the company’s $135 initial public offering price for the first time since falling below the key level last month.

Friday’s 16% surge brought the stock’s two-day rally to about 23%, adding more than $327 billion in market value over that span. Investors snapped up shares of the Elon Musk-led rocket, space and artificial intelligence company even as restrictions blocking some early insiders from selling were lifted on Thursday. Analysts had warned that the end of the first lockup could lead to selling pressure on the stock.

Read Original at Bloomberg.com →

SpaceX Nears IPO Price Again After Staging $327 Billion Rally