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06/23 05:53

SpaceX’s Dip Follows Tesla’s Pattern: What Does It Mean?

SpaceX’s dip may be following the same pattern Tesla (TSLA) did soon after its IPO (Initial Public Offering). SpaceX (SPCX) stock price experienced a sharp crash on June 22, 2026, just days after its historic IPO. SPCX closed at 16.43% lower, a dip of 30.40 points. The rocket company saw nearly $600 billion being wiped out from its valuation. Founder Elon Musk’s net worth fell by about $150 billion amid the correction. For reference, veteran investor Warren Buffet is worth less than what Musk lost in a single day. Let’s discuss if SPCX is following TSLA’s post-IPO pattern and what it means for the stock’s future.JUST IN: Elon Musk is down $150 billion from his net worth today after SpaceX $SPCX falls 16%.He is now worth $1.1 trillion.For reference: Warren Buffet ($145B) is worth less than what Elon's net worth fell in a single day. pic.twitter.com/jHAEIvfjI9— Watcher.Guru (@WatcherGuru) June 22, 2026SpaceX Following Tesla’s Pattern May Be Good NewsSource: OninvestSpaceX (SPCX) and Tesla (TSLA) are displaying similar post-IPO trajectories. Tesla went public in 2010, nearly 16 years ago. While the asset saw a price surge in the first few days, the stock eventually crashed soon after. TSLA’s price fell by nearly 70% in the months following its IPO. Many attributed Tesla’s (TSLA) crash to overvaluation, cash burning, and the company being years away from proving its business model. These are similar criticisms that SpaceX is being subjected to.Tesla (TSLA) eventually brought big gains for long-term holders. Although the journey was not always smooth, TSLA holders were more or less happy after years of volatility. A similar pattern could emerge for SpaceX (SPCX) as well.Also Read: Can AMD Stock Price Hit $1000 After CPU-Centric Agentic AI?The SpaceX (SPCX) price correction was more or less expected. The asset had a lot of hype around it and was likely overbought. There were some risks that we have previously highlighted. The most obvious risk was the unlocking of more stocks. The company only sold about 5% of its shares. Insiders will become eligible to sell their shares after the locking period is over. As more shares are unlocked, there is bound to be additional selling pressure. SpaceX’s price crash does not come as a surprise to many.
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