TNB Tech Minute: SpaceX Shares Dip Below IPO Price for the First Time
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 15 July 2026
⏱️ 3 minutes
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Summary
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| 0:00.0 | Deloitte expects the space economy to reach $2 trillion by 2035. |
| 0:04.6 | Jason Garzatus, CEO of Deloitte U.S., says that growth is fueled by data and its application |
| 0:09.6 | for businesses across industries. |
| 0:11.3 | What's exciting is that the data and the analytic and the commercial application of the data |
| 0:16.1 | will move to be more mainstream. |
| 0:18.7 | It will be something that organizations of any size can benefit from the data that's being |
| 0:23.0 | emitted from space that could be pertinent to their operation. |
| 0:25.8 | Visit Deloitte.com to learn how the space economy is creating new opportunities. |
| 0:32.3 | Here's your afternoon TNB Tech Minute for Wednesday, July 15th. |
| 0:36.5 | I'm Pierre Bien-Aame for the Wall Street Journal. |
| 0:39.0 | SpaceX shares traded below their IPO price of $135 for the first time today, in a sign of |
| 0:45.4 | waning enthusiasm for the biggest listing of all time. Shares slipped more than 2.5% to roughly |
| 0:51.0 | $132 in trading before rebounding slightly. |
| 0:54.7 | The rocket maker is listed on the tech-heavy NASDAQ. |
| 0:57.5 | Shares of tech companies have been volatile in the past month. |
| 1:00.9 | Investors will be watching the next test flight of SpaceX's Starship rocket, a mission |
| 1:05.6 | the company may launch tomorrow evening. |
| 1:07.9 | SpaceX has been pouring money into the vehicle, which is key for its AI and |
| 1:12.1 | satellite communications plans. Australia plans to require data centers to underwrite their |
| 1:17.6 | electricity and water supplies. The country's Prime Minister Anthony Albanese said today, the |
| 1:22.6 | government will soon introduce a set of standards for AI providers. The new standards will set out |
| 1:27.3 | rules for large |
... |
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