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SpaceX Shares Drop 7% to $178, Putting Average Post-IPO Buyer Almost in the Red

6/28/2026

SpaceX shares fell as much as 7% on Thursday, touching $178 intraday and leaving the stock trading roughly in line with the volume-weighted average price paid by buyers since the company's IPO — just under $180.

Two sessions of selling have carried the stock to a threshold where the average investor who entered after the public debut is barely above breakeven, if at all.

Two Days to a Cost-Basis Test The two-day slide matters because of where it has landed.

A post-IPO volume-weighted average price represents the aggregate cost basis for buyers who entered after listing — it weights each transaction by shares traded, producing a composite entry point across the full post-IPO period.

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