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 . Own SpaceX stock? Here's what to do next. Hal Bundrick, CFP Senior Writer Updated Wed, June 24, 2026 at 8:35 AM PDT 4 min read For investors who were able to land SpaceX IPO shares or buy the stock as it began trading the opening day and successive trading sessions were a thrill ride. SpaceX stock ( SPCX ) opened at $150 and climbed past $160. Another near-20% gain the following Monday 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 in a three-day slide that erased about $600 billion off its market value. As the saying goes, hope for the best but prepare for the worst. Read more: Create a stock investing strategy in 3 steps First, be aware of trading limitations If you received shares in the IPO , be aware of the penalties for IPO flipping. Many underwriting brokers limit IPO investors from selling their shares within 15 or 30 days of opening day. Violating trade policy may result in being prohibited from participating in future offerings (such as the upcoming Anthropic and OpenAI IPOs), though there are no federal penalties. Plan for three possible stock scenarios Whether SpaceX's trajectory is high, low, or just bouncing on and off the atmosphere, you will want a strategy in place. If SpaceX stock soars Every investor's dream: The stock soars and you're along for the ride. Still, there are strategies to consider: Have a plan to take some profits along the way in a tax-efficient manner. Ensure your SPCX doesn't overwhelm your overall investment portfolio . Consider rebalancing your holdings regularly to maintain the SpaceX exposure you are comfortable with. If SpaceX stock stalls If SpaceX stock hits a price ceiling and stays there, how will you react? Ask investors who bought Tesla after its run-up to a trillion-dollar market valuation in 2021, following a massive order of Model 3 sedans from Hertz. The stock topped $407 a share. Now, four-and-a-half years later after a lot of chart action along the way it's still there. If you believe in space as the "final frontier," you stick with it. If SpaceX stock crashes This is the real test. If SPCX takes a dive, will you be prepared? The key is to avoid panic selling and have a strategy in place. Your choices include: Use stop-loss or trailing stop orders to maintain a profit. You may not be able to monitor the market constantly, so having a stop-loss or trailing stop order at a predetermined target price will help you protect the profits of at least a portion...
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