{
  "id": 14485701,
  "title": "SpaceX Stock Drops Below $170: Here Is What History Says Investors Should Do",
  "url": "https://urgent.news/2026/10/14/spacex-stock-drops-below-170-here-is-what-history-says-investors",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T15:30:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/10/14/spacex-stock-drops-below-170-here-is-what-history/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "After reaching an all-time high of $170 per share, Space Exploration Technologies (SPCX -2.77%) stock has been on a downward trend since October 5th. Despite being publicly traded only since June, SpaceX's past and the broader investing history offer insights into what investors should do. The stock opened at $150 on its first day and climbed to $225 on June 16th, but has since fallen to its all-time low of $104.83 on August 3rd. Factors contributing to the decline include waning initial public offering enthusiasm, concerns over insider share sales, and the company's unprofitable spending. However, SpaceX's stock has also rebounded due to positive developments like its expansion into wireless mobile services and successful orbital launches for Alphabet. For long-term investors who believe in SpaceX, pullbacks present opportunities to buy more shares. Looking at the broader market, the S&P 500 has delivered strong returns over the long haul, with annualized gains of 8%, 9%, and 6% since 1950, 1980, and 2000 respectively, despite occasional market fluctuations. This historical data suggests that those who can handle volatility and maintain a high conviction in the company may benefit from holding shares for the long term.",
  "summary": "Over the long haul, buying SpaceX when the stock price drops could pay off.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "SpaceX Stock Drops Below $170: Here Is What History Says Investors Should Do",
        "url": "https://urgent.news/2026/10/14/spacex-stock-drops-below-170-here-is-what-history-says-investors-14486862",
        "published": "2026-10-14T15:50:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}