Why did SPCX stock drop? — 2026-11-13

Research session: 2026-11-13. Published: 2026-11-13T21:32:00.899662+00:00.

Final report

SPCX — Space Exploration Technologies Corp. - Class A Common Stock

Session close: $139.11. Regular-session share volume: 66,620,189. Change from previous close: -0.59%.

Key developments

SpaceX drew attention from major holders and merger speculation during the session. Thrive Capital's third-quarter filing showed the venture fund sharply increased its SpaceX position, which became the overwhelming majority of its portfolio, though the filing did not disclose what it paid. Separately, Elon Musk's biographer Walter Isaacson told CNBC he considers a Tesla-SpaceX merger nearly inevitable, citing shared chip-development work on Terafab; Bloomberg reporting cited by the article suggested an announcement could come as early as December, while Musk has cautioned that a deal is not certain.

Company mentioned — Mentions SPCX in the article text. Josh Kushner Bets Big on Elon Musk, More Than Doubles Thrive Capital Stake in SpaceX Stock in Q3 · Company mentioned — Mentions SPCX in the article text. Elon Musk's SpaceX–Tesla Merger 'Almost Inconceivable' to Avoid, Biographer Says

Full report for 2026-11-13

Research history