SpaceX stock volatility: What to do next if you own shares

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure . SpaceX stock volatility: What to do next if you own shares Hal Bundrick, CFP® · Senior Writer Sun, August 16, 2026 at 11:34 AM EDT 4 min read For SpaceX IPO investors, the thrill ride has been IMAX-worthy. On IPO day, SpaceX stock ( SPCX ) opened at $150 and climbed past $160. Another near-20% gain in the following trading session saw Elon Musk's spaceflight, satellite communications, and AI company achieve a high orbit of $192.50. By its third trading day, SpaceX surpassed Amazon to become the fifth-largest publicly traded company by market value.  To the moon, right? Yet, as any savvy investor knows, things can get ugly fast: The stock quickly returned to Earth and has bounced below its market debut price more than once. The stock has recently clawed back to above its $135 IPO price, but it is well off its highs. So, what should investors do if they currently hold the stock? Read more: Create a stock investing strategy in 3 steps This is what IPOs do Wealth advisory Alliance Bernstein has tracked the performance of IPOs that raised $50 million or more over the past 10 years. Six months following the lockup, the median return was a 10% decline. "While most stocks began to recover, they typically failed to revisit their initial IPO heights," the Bernstein analysis reported. While investors are often urged t…