Shares of Space Exploration Technologies Corp. Class A (SPCX) closed at $144.75 on October 23, 2026, a decline of 9.13% from the prior session. The single-day drop marks one of the steeper moves for the stock in recent memory and pushed its losses further into negative territory across multiple timeframes.
Over the past seven days, SPCX has fallen 2.62%, while the 30-day picture shows a broader retreat of 6.47%. Thursday's selloff accelerated that trend, leaving the stock meaningfully lower than where it traded a month ago.
Despite the price pressure, the company retains a substantial market capitalization of $2,099.99 billion, reflecting its continued standing as one of the larger publicly traded entities by that measure. The scale of the valuation underscores the significance of even modest percentage moves in absolute dollar terms.
Trading activity on Thursday resulted in a net loss across all three tracked timeframes — one day, seven days, and thirty days — offering a consistent picture of downward price momentum for SPCX heading into the final stretch of October 2026.
