How Low Could SpaceX Stock Price Go in the Next 30 Days?

SpaceX’s stock price traded at $154.54 after a sharp pullback from its June peak. The stock has fallen nearly 32% from $225.64, reached on June 16. The decline erased major market value and pressured Elon Musk’s paper wealth. However, pre-market trading showed some recovery, with SPCX rising toward $162.50.

Here’s why SpaceX’s stock price is Down Today.

SpaceX stock fell further in the wake of the post-IPO cooling-off period. The stock was up big after the public company listing. It rose almost by half of its opening level.

That surge pushed SPCX to a high of $225.64 on June 16. But the wave of support quickly waned.

The retreat was also followed by traders’ doubts about overvalued stocks in high-return businesses. SpaceX was hit hard by its astronomical share price.

SPCX recently dropped to $154.54, marking a 32% fall from its monthly high. The transfer resulted in billions in losses in market value

The share fell as well in the wake of a broader loss of value among other technology-heavy shares, including Tesla. The worry about interest rates was further weighed.

There was also some investors hesitation regarding market valuations in AI. Several growth stocks were weighed down by that worry.

SpaceX has a history of being closely associated with Elon Musk’s fortune. His large ownership stake makes SPCX movements highly important.

Musk’s net worth also dropped significantly as the stock price fell. The fall eliminated him from his short period of being a trillionaire.

Elon Musk Loses Trillionaire Status as SpaceX Selloff Hits Net Worth

Elon Musk is still a long-time trillionaire despite the latest SpaceX and Tesla declines. However He lost his estimated $1.3 trillion net worth to near $950 billion. The transfer was executed in less than a week.

UPDATE – Elon Musk No Longer a Trillionaire!🚨

$1.3T ➝ $950B in DAYS

A 30% $SPACEX drop wiped out $350B from Musk’s net worth.

That’s MORE than Larry Page’s entire fortune.

Volatility is brutal.

🌐 https://t.co/RQrlIAVHaZ

#SpaceX #StockMarket #Finance @elonmusk pic.twitter.com/wTXDsxyrj3

— Crypto Kolz (@cryptokolz) June 25, 2026

The SpaceX selloff played the biggest role in that decline. Musk’s biggest asset continues to be his SpaceX business.

Reports suggest SpaceX still accounts for nearly 80% of his total wealth. Therefore, the price action of SPCX is crucial.

The company’s initial public offering (IPO) valued the company at over $1.77 trillion. This valuation brought Musk’s net worth over $1 trillion.

After SPCX went public, investor enthusiasm caused the price to rise. The stock reached $225.64 on June 16

But this was followed by a sharp decline in the rally. Sellers were filling in as dealers kicking back profits.

The drop was also indicative of the extreme sensitivity of mega-cap private-to-public transactions. Positive enthusiasm can turn to negative enthusiasm very quickly.

The latest drop, however, reveals the extent of his vulnerability to his finances. He is now heavily influenced by SpaceX and Tesla.

SpaceX Stock Price Prediction: How Low Will SPCX Go in 30 Days?

SPCX stock is now trading near key technical levels after its sharp decline. The initial resistance area is around $162.38 to $162.50. Sellers can be found around this area

If the price action breaks above $165, then the sentiment in the near term may improve. The move could pave the way towards $168.

If this buying trend persists, then SPCX stock may attempt to move towards the $170 mark. This would be a more robust recovery effort.

The downside setup is still in place as SPCX is trading below recent highs. Bears may regain control below $150.

The first price support level of the stock is around $145 if it fails to break above $150. This price point could be appealing to dippers.

If the price breaks down below $145, the price could fall to the $140 level. If that level is not met, selling may be hastened.