SpaceX Class A shares (SPCX) fell 0.59% between the Sept. 23 and Oct. 23 closes, reducing a hypothetical $1,000 position by about $5.86 over the period.
SPCX finished Oct. 23 at $147.49; the Sept. 23 close was $148.36. At those prices, the illustrative holding would have ended at about $994.14. The calculation allows a partial-share purchase and omits fees and taxes.
Daily changes were sharp near the end of the period: shares rose 7.79% on Oct. 21, dropped 9.14% in the following session and climbed 1.89% on Oct. 23. Earlier, SPCX closed at $171.92 on Oct. 6; on Oct. 22, it finished at $144.75.
In its Oct. 20 filing, SpaceX put third-quarter revenue at $14.575 billion, 161% more than in the year-earlier quarter. Net income was $4.4 billion. The filing's third-quarter results listed revenue of $1.767 billion for Space, $5.248 billion for Connectivity and $7.56 billion for Super Intelligence.
At its June 12 launch, the stock carried a $135 IPO price and traded on Nasdaq Global Select Market and Nasdaq Texas as SPCX. The Oct. 23 close was about 9.3% above that price.
