Multiple outlets report that SpaceX’s shares decline on Wednesday, July 15, 2026, as investors look ahead to an upcoming lockup expiry. The stock drops to a reported intraday low of $132.15 and then closes at $135.27. Reuters and other coverage referenced by Google News also indicate the shares fall below the price seen at the time of the company’s stock market debut/IPO, marking a notable move for the period since listing. Other reported items in the broader coverage include the scale of market value changes described by outlets such as the Financial Times and estimates about short-selling activity highlighted by Bloomberg. Separate reporting notes that some analysts and investors view SpaceX’s listed securities as still having potential upside, pointing in particular to a valuation premium for instruments such as warrants, supported by the company’s profitable Starlink internet business. Across sources, the central shared theme is the link between the share-price weakness and investor positioning ahead of the lockup release, alongside continued debate over how Starlink’s profitability may support longer-term value.