SpaceX falls 20% below IPO price, erasing US$1.2 trillion value

SpaceX loses $1.2 trillion in market value in post-IPO slump

SpaceX has lost $1.2 trillion in market value since June peak of $225.64, now trading at $113.5 after 13 declines in 16 sessions. First earnings release on August 6 combined with lock-up expiration could trigger mass selling of 911.5M shares—signals post-IPO volatility and timing risk for early backers seeking liquidity.