SpaceX Shares Drop 4.9% as Fed Projects Rate Hike, Ending Post-IPO Rally
Reported by Reuters
Sentiment
Negative
Importance
7
Price
$194.97
Mkt Cap
$2.529T
52W Low
$149.34
52W High
$225.64
Market data snapshot near publication time
Summary
The Federal Reserve held interest rates steady but projected a hike later this year, citing inflation concerns. This hawkish stance led to a broad market sell-off, with SpaceX shares dropping 4.9%. This marks the first decline for SPCX stock since its market debut last Friday, interrupting its strong post-IPO rally. The Fed's decision increases the cost of capital and creates a less favorable environment for growth stocks.
At the time of this announcement, SPCX was trading at $194.97 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.5T. The 52-week trading range was $149.34 to $225.64. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.
Price Chart
SPCX - Latest Insights
SPCX
Jun 17, 2026, 6:23 PM EDT
Price at Filing:
$194.97
Real-time Price:
$194.87
Change:
-$0.100 (-0.05%)
Market Cap:
$2.529T
SPCX
Jun 17, 2026, 4:01 PM EDT
Price at Filing:
$193.71
Real-time Price:
$194.87
Change:
+$1.16 (+0.60%)
Market Cap:
$2.529T
SPCX
Jun 17, 2026, 1:59 PM EDT
Price at Filing:
$197.15
Real-time Price:
$194.87
Change:
-$2.28 (-1%)
Market Cap:
$2.529T
SPCX
Jun 17, 2026, 11:15 AM EDT
Price at Filing:
$190.16
Real-time Price:
$194.87
Change:
+$4.72 (+2%)
Market Cap:
$2.529T
SPCX
Jun 16, 2026, 10:53 PM EDT
Price at Filing:
$205.95
Real-time Price:
$194.87
Change:
-$11.08 (-5%)
Market Cap:
$2.529T
SPCX
Jun 16, 2026, 3:17 PM EDT
Price at Filing:
$202.91
Real-time Price:
$194.87
Change:
-$8.04 (-4%)
Market Cap:
$2.529T
SPCX
Jun 16, 2026, 11:59 AM EDT
Price at Filing:
$211.11
Real-time Price:
$194.87
Change:
-$16.24 (-8%)
Market Cap:
$2.529T
SPCX
Jun 16, 2026, 10:51 AM EDT
Price at Filing:
$207.29
Real-time Price:
$194.87
Change:
-$12.41 (-6%)
Market Cap:
$2.529T
SPCX
Jun 16, 2026, 7:46 AM EDT
Price at Filing:
$202.56
Real-time Price:
$194.87
Change:
-$7.69 (-4%)
Market Cap:
$2.529T
SPCX
Jun 16, 2026, 6:30 AM EDT
Price at Filing:
$212.00
Real-time Price:
$194.87
Change:
-$17.13 (-8%)
Market Cap:
$2.529T