SpaceX Stock Hits All-Time Low of $115

SpaceX stock fell to a new low near $115, deepening its post-IPO slide.

A scrubbed Starship launch and broader execution concerns added pressure on the shares.

Investors are increasingly worried about losses, cash burn, and a valuation that may be too rich for the company’s profitability.

The decline highlights weakening confidence in SpaceX’s public-market debut and its near-term growth outlook.