#069: SpaceX Underwater
SpaceX stock has fallen below its IPO price of $135. Now that it’s underwater, what does that mean for IPO investors and long-term shareholders?
Craig looks at recent IPOs for examples of companies that did not revisit their IPO prices, and companies that crossed below their IPO but became long-term winners.
In IPO Radar news, DeepSeek and Shein seek IPOs in China and Hong Kong. And Helsing, a European defnese tech and drone manufacturer, raised a $1.8 billion Series E funding round at a $18 billion valuation.
Sponsor: VCX — The public ticker for private tech. Visit GetVCX.com for more info.
- 0:00 Intro
- 0:24 SPCX Underwater
- 1:38 CBRS Underwater
- 2:11 Why Invest in IPOs?
- 3:30 Sponsor: VCX
- 4:46 SpaceX Stock
- 5:51 Cerebras Stock
- 6:13 2026 IPO Performance Graphic
- 6:57 Selling IPO Shares
- 8:28 Why I Sold Shares
- 10:33 2025 IPO Performance Graphic
- 12:44 Reddit IPO Performance
- 12:59 Cava IPO Performance
- 13:14 Facebook IPO Performance
- 13:54 Taking Profits
- 14:58 Risks of Waiting
- 15:40 Unprecedented Territory
- 17:02 Anthropic IPO is Next
- 17:46 IPO Radar News
- 18:10 DeepSeek IPO
- 20:53 Shein IPO
- 23:01 Helsing Series E
- 24:38 Defense Tech Startup Investing
- 26:20 Connect and Support
Disclosures: At the time of recording – Craig is long VCX restricted shares and the Fundrise internet public offering (iPO). Access IPOs is an affiliate partner with Fundrise, and VCX is a paid sponsor of the Access IPOs podcast. Craig is long SPCX, CBRS, META, CAVA, and CRCL. Access IPOs content is for informational purposes only and the host does not recommend that investors buy or sell any stocks, funds, or private companies mentioned. Perform personalized due diligence and only invest with money you can afford to lose, as IPO and pre-IPO investments inherently carry a high degree of risk. Invest in IPOs and private companies at your own risk.




