SpaceX (SPCX) Stock Rebounds 0.98%, Halting Three-Day Decline

SpaceX (SPCX-US) stock rebounded on Tuesday, June 23, 2026, closing up 0.98% at $156.11, ending a three-day losing streak. The company's shares briefly dipped below their initial public offering (IPO) opening price and a $2 trillion market valuation during intraday trading before recovering. The rebound follows significant selling pressure, including a 16% single-day drop on Monday, June 22, 2026, which contributed to a nearly 24% cumulative decline over three trading sessions. SpaceX completed its IPO on June 12, 2026. On Monday, June 22, 2026, SpaceX announced the issuance of senior unsecured notes and reported robust liquidity with $100.8 billion in cash and cash equivalents as of June 19, 2026. The company also disclosed a partnership with open-source AI startup Reflection, providing access to its "Colossus" supercomputing platform.