June 23 : The Nasdaq 100 index was on pace to erase more than $1 trillion in market value on Tuesday as technology heavyweights and chip stocks tumbled, while Elon Musk's SpaceX dropped below $2 trillion in market cap for the first time since its U.S. debut.SpaceX, which is expected to join the Nasdaq 100, ha

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

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

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…

Stock sheds hundreds of billions of dollars in market value