Weeks after record-breaking IPO, Elon Musk's SpaceX loses $1tn in market value | TheBriefWire
Weeks after record-breaking IPO, Elon Musk's SpaceX loses $1tn in market value
Published 19 July 2026 ยท finance
SpaceX shares have fallen significantly since their record initial public offering. The company's market value has dropped by approximately one trillion dollars from its peak
SpaceX shares have fallen significantly since their record initial public offering. The company's market value has dropped by approximately one trillion dollars from its peak.
Investor concerns grew after the recent Starship launch was called off by the company. Upcoming lock-up expirations for employees and early investors also pressured the
stock. SpaceX shares have now slipped below their initial public offering price.