A discarded SpaceX Falcon 9 upper stage is set to collide with the moon on Wednesday, Aug. 5, in an unplanned impact that's expected to create a fresh crater and send a towering plume of debris into space.
A drifting SpaceX rocket is on a collision course with the moon, with the explosive impact expected to be equivalent to three tons of TNT.
SpaceX (SPCX) shares slipped on Friday as investors looked ahead to the company's first earnings report as a public company and an upcoming insider share lock-up expiration. The stock was down about 2.5% in early trading, changing hands near $109.
As important as June was for SpaceX (NASDAQ: SPCX), July has solidified itself as featuring multiple milestones, of which the fall to a new all-time low of $107.01 and a decisive plunge below the initial public offering (IPO) price are arguably the most important.
SpaceX and Tesla shares have declined, leading to losses for some of Elon Musk's biggest supporters.
SPCX heads into its first public earnings report amid a 16.6% post-IPO drop, Starship progress and concerns over valuation, debt and AI expansion.
SpaceX stock (NASDAQ: SPCX) has lost almost half its value since reaching a high of $225.64 on June 16, turning the excitement surrounding the listing into a lesson about valuation and share supply. The stock closed Wednesday at $112.55, around 17% below its $135 IPO price and 50.2% beneath the peak.
The ranking member of the House Committee on Energy is demanding SpaceX records and a tour of its data centers and power plants in and around Memphis, Tennessee. In a letter to CEO Elon Musk, Rep.
Morgan Stanley has reiterated its ‘Overweight' rating on SpaceX (NASDAQ: SPCX) and maintained a $300 stock price target ahead of the company's first earnings report as a public company.
Elon Musk's xAI, now owned by SpaceX, sued Minnesota Attorney General Keith Ellison to challenge a law that would ban so-called nudify apps in the state. Attorneys for xAI claim the Minnesota statute "imposes an overbroad, content-based ban on free speech and the tools of visual expression.
As SpaceX's stock has sold off, so have others in the space sector — but there are factors behind the broader sector weakness beyond pressure on its most high-profile player.
Three days after SpaceX went public on June 12, 2026, Representative William Timmons IV picked up the phone and bought stock.