SpaceHacker Newsabout 5 hours ago
SpaceX loses $1 trillion in value
1 min read
SpaceX stock dropped from an intraday high of $225.64 on June 16 to $124, below the $135 IPO price, losing about $1 trillion in value in a month. Elon Musk's net worth fell to $797 billion. A scrubbed Starship V3 launch and an upcoming lockup expiration on August 6 that could quadruple tradable shares contributed to the decline.
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