For investors who bought SpaceX at IPO, is SPCX stock still a hold?

SpaceX (NASDAQ: SPCX ) stock has endured a volatile first few months on the public market, leaving IPO investors weighing whether to hold or lock in their gains. SpaceX began trading on Nasdaq on June 12, 2026, at an IPO price of $135 per share, raising approximately $85.7 billion in gross proceeds. SPCX subsequently reached an intraday high of $225 before falling to a low of $104. The stock closed at $147 on October 23, leaving IPO investors with an unrealized gain of approximately 9.25%. The latest closing price remains approximately 34.6% below the post-IPO high. Shares fell 9.14% on October 22 to $144.75 before recovering 1.89% in the following session, reflecting continued reassessment of the company’s growth prospects and valuation.

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