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SpaceX falls under IPO price, as lockup expirations loom

A line chart that tracks SpaceXâs daily share price from June 11 to July 16, 2026. The price rose from 135 to a peak of 201.8 on June 16, then trended downward. It ended at the period low of 131.11 on July 16.

SpaceX share price

Data: FactSet; Note: The shares priced on June 11, 2026 at $135 a share and began trading publicly the next day; Chart: Matt Phillips/Axios

Fintech Deals

Eli Lilly agrees to $3.8B psychedelic buy

Stripe and Advent make $53B bid for PayPal

Glenn Youngkin's private sector return: VC edition

Exclusive: Senra eyes third factory following $65M raise

Closer

Axios Closer

Lucid denies report of possible bankruptcy plan as shares fall

Iron Maiden's rights sold to Pophouse

Air-defense startup Singularity secures $80 million

Media Trends

Axios Media Trends

States file lawsuit to block Paramount Skydance-Warner Bros. Discovery merger

States sue to block Paramount-Warner Bros. Discovery merger

U.S. IPO market poised to break records

A column chart that shows annual U.S. IPO proceeds from 2019 through July 13, 2026. Proceeds hit $46.3 billion in 2019, peaking at $142.4 billion in 2021. Proceeds hit a low of $7.7 billion in 2022, and are at $141.2 billion as of July 13, 2026.

U.S. IPO proceeds

Data: Renaissance Capital; Chart: Lucinda Shen/Axios

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