The company's stock has fallen 23% in recent days, including a drop of more than 16% in trading Monday, as Fed rate hike signals threaten to weigh on SpaceX's recently announced investment plan

A selloff for Musk’s rocket maker wiped out roughly $900 billion in market value.

SpaceX stock has fallen back toward $185 from a $225 peak, as a thin float, new short-selling tools, and a $60bn Cursor deal cool the euphoria.

Follow the latest news on the major headlines of the day.

SpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announcement of its first investment-grade…