In one or more embodiments of the present disclosure, a stretchable display device includes a lower substrate which is stretchable, a lower common electrode layer disposed on the lower substrate, a plurality of first substrates disposed on the lower common electrode layer, at least one transistor formed on each of the plurality of first substrates, a light emitting diode which is electrically connected to the at least one transistor, a cover insulating layer which covers at least one light emitting diode, and an upper common electrode layer formed on the cover insulating layer. The stretchable display device according to the above embodiments thereby stably supplies a common voltage.