SpaceX shares plummeted 16% over three days, wiping out $600 billion in market value, shortly after reaching a peak of $225 per share post-listing.
The company's shares hit a post-listing high of $225 each
Jun 23, 2026
02:27 pm
What's the storyElon Musk's SpaceX is facing a major setback on the Nasdaq, with its shares plummeting by 16% on Monday. This marks the third consecutive day of decline for the company.
The recent selloff has wiped out nearly $600 billion from its market value since it started.
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SpaceX stock declines for third day
SpaceX falls for third day, erases $600 billion in market value
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SpaceX shares fell another 3%, extending a three-day selloff that has wiped out over $600 billion in market value and pushed the…
SpaceX shares fell 16.4% on June 22, erasing $400 billion in market cap in the second-largest single-day corporate loss ever…
Just 10 days after the company’s blockbuster IPO, buyers of its initial public shares are in the red.
SpaceX stock dropped 20% from its all-time high, erasing $490 billion in market value within 48 hours as lockup expiration fears…
SpaceX shares dip below debut price, erasing $600bn in value before recovering 2.4 percent amid tech market turbulence.
Stock sheds hundreds of billions of dollars in market value
