SpaceX’s share price tumbled below its listing price on Monday, removing over a trillion from its market value. Traders ramped up liquidations as the decline picked up pace. Short sellers raised bets against the company while observers warned the stock might end 2026 near current levels due to a heavy lockup expiration. The drop followed reports showing stretched valuation assumptions and weaker revenue growth expectations. The market entry comes as the company faces pressure from investment outlooks and market conditions. Analysts point out fresh concerns about spending and pressure in the launch industry. Funds have reduced exposure recently. Volatility has increased as activity drops around crucial milestones.