LIVEMarkets rolling coverageStarted: July 26, 2026, 4:00 AM EDTUpdated: July 26, 2026, 8:58 AM EDT SpaceX Slumps 47% Since June IPO; Q2 Results Loom August 4 July 26, 2026, 8:58 AM EDT. Shares of SpaceX (NASDAQ:SPCX) have tumbled 47% from $225 to $118 following the company’s June market debut. Wall Street is projecting Q2 revenue of $6.9bn, a rise from $4.7bn in Q1, and adjusted EBITDA topping $1.13bn. With a $1.5 trillion valuation and 911.5 million shares set to unlock, further price pressure is possible. The average analyst price target stands at $236, roughly twice current levels, but forecasts remain