DoorDash shares beat SpaceX performance since June IPO, Protos reports
DoorDash leads SpaceX since June trading debut
DoorDash has performed 48 percentage points better than SpaceX since SpaceX began public trading on June 12, according to Protos.
Protos reported that SpaceX started trading at $150 per share, while DoorDash opened that day at $155.24. Since then, DoorDash has gained 42%, while SpaceX has fallen 6%.
The main numbers from the comparison
- SpaceX began trading on June 12 at $150 per share, which Protos said was $15 above its formal IPO price.
- DoorDash opened at $155.24 per share on the same date.
- SpaceX reached an intraday high of $225.64 on June 16, according to the Nasdaq historical data cited by Protos.
- Since June 16, SpaceX has declined 37%, Protos reported.
- Protos said $10,000 invested in DoorDash at the June 12 open would be worth about $14,200, while the same amount in SpaceX would be worth about $9,400.
DoorDash reported growth and cash flow
DoorDash reported 970 million delivery orders for the quarter and $33.1 billion in marketplace gross order value, according to Protos.
The company also reported $4.5 billion in revenue. Protos said DoorDash orders grew 17% and revenue grew 24% after adjusting out a Deliveroo acquisition.
DoorDash also generated $944 million in operating cash flow and $742 million in free cash flow, according to the filings cited by Protos. Free cash flow means cash left after a company pays for operating needs and capital spending.
SpaceX reported higher revenue but a loss
SpaceX reported $7.8 billion in revenue for the quarter, according to Protos. The company also reported a $541 million loss.
Protos said SpaceX disclosed $18.4 billion in capital expenditures. Capital expenditures are money spent on long-term assets, such as equipment or infrastructure.
What is confirmed from the source
The source article confirms that Protos compared DoorDash and SpaceX stock performance from SpaceX's June 12 public trading launch through the article's publication date on August 27, 2026.
It also confirms the figures Protos cited from Nasdaq, DoorDash investor materials, SEC filings, and SpaceX filings. The article does not provide an official response from DoorDash or SpaceX about the comparison.
What remains unclear
The source does not provide the exact current share prices used for all performance calculations. It also does not state whether DoorDash or SpaceX commented on the market performance comparison.
Why the comparison matters
The comparison shows that a food delivery company outperformed SpaceX over the same public market period, even though SpaceX reported higher quarterly revenue. The filings cited by Protos show a clear difference in profitability and cash generation during the period.