Article
SpaceX Meltdown Vaporizes $1 Trillion In Market Cap As Stock, Bonds Crater
SpaceX Meltdown Vaporizes $1 Trillion In Market Cap As Stock, Bonds Crater
SpaceX's Tuesday rebound was short-lived, with shares sliding to a new low of $110.85 late Thursday morning and extending their brutal post-IPO selloff.
At a current market capitalization of roughly $1.479 trillion, SpaceX has erased about $1.16 trillion, or 44%, since its valuation peaked at $2.639 trillion on June 23.
Shares are also trading well below the company's $135 IPO price, underscoring how quickly investor enthusiasm has evaporated.
The chart shows a selloff across SpaceX's capital structure:
Black line, right axis: SpaceX...
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Summary
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Authored by Zachary Stieber via The Epoch Times,
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Children cool off under a misting system on the Champs Elysees during a severe heat wave in Paris, France, on July 14, 2026.Djoudi Hamani / Hans Lucas / AFP via Getty Images
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