SpaceX Stock Falls 50% From June High, Lags 80% of Nasdaq IPOs Since Launch

According to BlockBeats and Vanda Research, on July 29, SpaceX stock has fallen approximately 50% from its June 16 high, despite rising about 50% from its initial IPO price. The stock's current performance now trails approximately 80% of comparable Nasdaq large-cap IPOs measured over the same trading period since launch, a sharp reversal from weeks earlier when it outperformed about 80% of similar listings.

Vanda Research data shows retail investors cumulatively net-bought approximately $315 million of SpaceX shares in July, more than any other single stock during the same period, reflecting rapid shifts in market sentiment and momentum trading.