SpaceX shares have fallen more than 20 per cent from their post-IPO high after briefly pushing the company above a $2 trillion

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

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

SpaceX faces a significant market decline, losing over $600 billion and risking its valuation dropping below $2 trillion.