SpaceX stock sinks for a second-straight day, nearing $135 IPO price

SpaceX’s publicly traded shares have fallen below **$140** for the first time since its 2019 IPO, marking a second consecutive daily decline and approaching the **$135** debut price. The drop comes amid broader market volatility and questions over the company’s valuation, which has long outpaced traditional aerospace metrics.

Coverage emphasizes uncertainty over SpaceX’s growth trajectory, with analysts citing factors like delayed Starlink expansion, competition in satellite launches, and investor concerns about profitability timelines. Financial outlets including **CNBC, Yahoo Finance, The Motley Fool, and Investopedia** are framing the decline as a potential inflection point for the stock, though no single trigger has been confirmed.

Watch for further reactions from SpaceX’s leadership or Musk’s public statements, as well as updates on regulatory or contractual developments that could impact revenue streams. If the trend continues, analysts may reassess the stock’s long-term viability as a speculative growth play.