SpaceX stock hits a new low after its initial public offering (IPO), down to $139.14. Despite five analysts issuing buy ratings, according to Barron's, SpaceX shares fell to $139.14 on Monday, marking the lowest closing price since the June IPO, just slightly above the $135 offer price. The decline contrasts sharply with Wall Street sentiment: five major analysts, including RBC, Deutsche Bank, Wells Fargo, Oppenheimer, and Morgan Stanley, still maintain buy ratings, with an average target price of $250—implying a company value of about $3.3 trillion. Multiple factors are weighing on the stock. SpaceX’s current valuation is about $1.8 trillion, and it is expected to remain unprofitable at least through 2026. In addition, about 20% of the shares will enter the lockup expiration window in mid-August, potentially flooding the market with large new supply. The competitive landscape has also shifted: last week, China successfully recovered a reusable rocket booster. #PreIPOs第二期OpenAI认购