Following a slowdown earlier in September, the SpaceX (NASDAQ: SPCX) stock rally has once again turned more decisive, and the equity was, at its latest close, trading at $154.81: roughly in the middle of its day-one range.
Under the circumstances, investors who managed to fill a $10,000 SPCX shares order during the initial public offering (IPO) would have enjoyed a respectable profit. Specifically, with SpaceX stock rising 14.67% from $135 at the IPO, their position would have risen by $1,467.41 to $11,467.41.
Similarly, traders who put the same amount of money on the morning of June 12 – SPCX shares’ first day on the market – would have acquired a stake at $150. Thus, their $10,000 would have grown by $320.67 to $10,320.67.
Still, investing at the day-one closing price of $160.95 would have remained a losing bet by the September 17 close. Specifically, SpaceX retraced 3.81% from the price, meaning the $10,000 position would have declined to $9,618.52.
SpaceX stock price saw extreme swings since SPCX launch
Elsewhere, SPCX shares have, so far, proven a significantly more uncertain investment than the hype surrounding the company might suggest.
Indeed, traders who did not buy into the initial optimism and excitement and wagered that a steep correction would come would have seen a large upside.
For example, those lucky enough to have bought early in August at the all-time low of $104.83 would have been able to turn $10,000 into $14,767.72.
On the flip side, had one taken the initial upsurge as a sign that the SpaceX stock bull case is confirmed might have proven unlucky enough to buy at the $225.64 high. These investors might have suffered their $10,000 drop to roughly $6,500.
What’s next for SpaceX stock?
Looking ahead, there is substantial institutional optimism for SPCX equity, with the average price target for mid-2027 estimating it can reach $222.94, per the data Finbold retrieved early on September 18.
Should this outlook – or some of the recent, even more bullish forecasts – prove correct, putting $10,000 into Elon Musk’s newer public company at its IPO can easily become one of the most lucrative decisions of 2026 within less than 12 months.
Still, the optimism is not universal, with some respectable firms, such as Morningstar, estimating that SpaceX will be a successful company, but still one with a stock fair value close to $70 – nearly 50% below the initial $135 share price.
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