# SpaceX Loses Over $1 Trillion in Market Cap Post-IPO Failed Starship launch significantly impacts SpaceX's stock value. - **Source:** [INCRYPTED](https://brifing.si/source/7cd4625d-3f08-4cc1-983d-4c7d991839ba) - **Published:** 2026-07-18 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/19965204-4886-4c52-a916-1975e6dd74d9 ## SpaceX's First Major Test Post-IPO SpaceX faced its first major test following a record IPO. The failed Starship launch severely impacted the company's stock, reducing its market cap by over $1 trillion. ## Failed Starship Launch The failed Starship launch had a significant impact on SpaceX's market value. The next launch attempt was delayed by a week due to the need to replace two Raptor engines. ## Wall Street's Reaction Wall Street analysts remain confident in SpaceX's stock. According to Bloomberg, 80% of analysts recommend buying the stock, with an average target price of $235.34. ## Strategic Importance of Starship Starship is critical to SpaceX's long-term strategy. It plays a vital role in projects like scaling the Starlink satellite network and supporting NASA's Artemis missions. ## ARK Invest's Investment ARK Invest took advantage of the drop in SpaceX's stock to purchase an additional 147,623 shares. The ARK Innovation ETF made the largest purchase. ## What Lies Ahead? SpaceX continues to be a favorite among investors due to its potential to maintain leadership in AI and space infrastructure. Wall Street's optimism reflects confidence in the company's future successes. ## Sources covering this story - https://incrypted.com/spacex-utratyla-bolee-1-trln-kapytalyzatsyy-ot-pyka-posle-ipo/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._