Live Feeds
● LIVE Updated 1h ago · 21 sources tracked

SpaceX Rout Set to Push Market Value Below $2 Trillion

SpaceX shares fell below the $150 IPO price, causing the company's market capitalization to dip below $2 trillion. A three-day sell-off removed over $600 billion in value. The stock has dropped more than 30% from its peak after the IPO.

RSS Source map (15)

What changed

The company experienced the second-largest single-session drop in market value on record.

Live updates

  1. SpaceX Market Value Drops Below $2 Trillion Following Sell-Off

    SpaceX shares fell below the $150 IPO price, causing the company's market capitalization to dip below $2 trillion. A three-day sell-off removed over $600 billion in value. The stock has dropped more than 30% from its peak after the IPO.

    What's confirmed:

    • SpaceX shares fell below the $150 IPO price.
    • The company's market capitalization fell below $2 trillion.
    • A three-day sell-off erased more than $600 billion in market value.
    • The stock declined more than 30% from its post-IPO peak.

    Still unconfirmed:

    • SpaceX shares extended declines in premarket trading.
    confidence 90%

  2. SpaceX Market Value Drops Below $2 Trillion After Massive Sell-off

    SpaceX shares fell below the $150 IPO price, pushing the company's market capitalization below $2 trillion for the first time since its public debut. A three-day sell-off erased more than $600 billion in market value. The stock has declined more than 30% from its post-IPO peak.

    What's confirmed:

    • SpaceX shares fell below the $150 IPO price.
    • The company's market capitalization fell below $2 trillion for the first time since its public debut.
    • A three-day sell-off erased more than $600 billion in market value.
    • The stock has dropped more than 30% from its post-IPO peak.

    Still unconfirmed:

    • KeyBanc sees significant disruptive growth drivers for the company.
    confidence 95%