The key moments, with employee sentiment along the way.
2015
🌱
2015
Founded in Barcelona
Ex-Tesla engineer Enric Asunción and Eduard Castañeda start building smart EV chargers and energy-management hardware.
Wikipedia
Oct 2021
📈
Oct 2021
The peak: a $1.5B SPAC debut on the NYSE$1.5B
Wallbox lists via blank-check merger at roughly $1.5B, right at the top of the EV-charging wave.
Reuters
2022
💔
2022
Slips out of the club
Charging demand slows, losses pile up, and the market cap sinks below $1B within a year of listing.
stockanalysis.com
2023
2023
The cuts begin
After 2022's hiring spree, layoffs land in early 2023 and restructuring runs for years.
Reuters
2022–25
💬
From the inside · Glassdoor reviews, 2022–25
Glassdoor reviews traced a boom-and-cut arc: a rapid 2022 hiring spree, then repeated layoff rounds from early 2023 — with reviewers contrasting early splashy spending on a Super Bowl ad and parties with the cost-cutting that followed.
2026
2026
Still under the line
Trades near $0.89B — about 41% below peak — with restructuring still under way.
stockanalysis.com
Today
Today
Still in the club — and still trading
Live · WBX · NYSEas of 2026-10-23
$2.65▼ 1.12% today≈ $64.3M cap · −95.7% from peak
💬 entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗; dated facts carry their source.
How it happened
Wallbox is a Spanish maker of EV charging and energy-management hardware. It went public via SPAC in October 2021 at roughly a $1.5B valuation. Amid slowing EV-charging demand and losses, its shares fell and it undertook restructuring. Its market cap dropped below $1B, trading near ~$0.89B by 2026, about 41% below peak.
