Stock sheds hundreds of billions of dollars in market value

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.

A rally following the company's record breaking IPO on June 12 has cooled, with stock dropping the past two full days of trading.

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SpaceX shares dropped in premarket trading Monday, continuing a selloff after their record-breaking June 12 IPO, despite still being up 37% at Thursday's market close.

SpaceX shares dropped for a third consecutive trading day on Monday, extending a pullback after the Elon Musk-led firm's mega IPO earlier this month.

Il titolo perde circa il 7% mentre il gruppo avvia il collocamento della sua prima obbligazione investment grade

La compañía espacial de Elon Musk encadena tres días cosecutivos de caídas tras recibir la peor nota posible de la agencia de calificación MSCI, que la sitúa al nivel de Rusia…

Just 10 days after the company’s blockbuster IPO, buyers of its initial public shares are in the red.

Los primeros días de cotización de SpaceX tras su oferta pública inicial récord de US$75.000 millones estuvieron marcados por la volatilidad que suele caracterizar a las nuevas…

SpaceX shares have fallen for three consecutive days, erasing significant market value amid plans for a massive borrowing spree to fund AI ambitions. Read more at…

SpaceX shares have fallen for three consecutive days, erasing significant market value amid plans for a massive borrowing spree to fund AI ambitions. Read more at…

A losing streak for Elon Musk’s rocket maker cut its market value by nearly $1 trillion.

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…

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…

The newly public company shed close to half of bitcoin's entire market value in three sessions after announcing its first bond sale. Bitcoin, absorbing the same backdrop, fell…

Stock sheds hundreds of billions of dollars in market value

Elon Musk lost about $150 billion in a day as SpaceX fell 16%, while Cathie Wood's Ark Invest bought $32.5 million of the dip.

Gains have been pared back at the space and AI company following an initial surge after its record-breaking IPO.

SpaceX shares fell 16.4% on June 22, erasing $400 billion in market cap in the second-largest single-day corporate loss ever recorded after its Nasdaq IPO.