SpaceX Set to Wipe Out $1 Trillion in Value as Shares Sli…

SpaceX's shares have seen a significant decline, currently trading at $122.12, representing a 6.9% drop and marking a potential loss of over $1 trillion in market value from its peak of $2.64 trillion shortly after its IPO. This decline indicates a shift in market sentiment as excitement fades. Recent analyses suggest the stock's volatility is attracting short-sellers, highlighting concerns over its valuation amidst scrutiny of Elon Musk's interconnected business ventures.

SpaceX IPO:

Shares Fizzle

Short-Sellers Swarm

Measuring $1 Trillion

SpaceX Passes Tesla

Musk’s Entangled Empire

SpaceX as Value Stock

BackForward

Business

FacebookXLinkedIn

EmailLink

Gift

Expand

A SpaceX Falcon 9 reusable rocket booster on display outside the company's facilities in Hawthorne, California.

A SpaceX Falcon 9 reusable rocket booster on display outside the company's facilities in Hawthorne, California. Photographer: Ethan Swope/Bloomberg

FacebookXLinkedIn

EmailLink

GiftGift this article

Confidential tip?\ Send a tip to our reporters

Site feedback:\ Take our SurveyNew Window

FacebookXLinkedIn

EmailLink

Gift

By Arvelisse Bonilla Ramos and Matthew Griffin

July 17, 2026 at 9:38 AM EDT

Updated on July 17, 2026 at 12:22 PM EDT

BookmarkSave

Translate

SpaceX shares tumbled on Friday, putting the rocket and artificial intelligence giant on track to wipe out more than $1 trillion in market value from its all-time high.

The stock pared losses after falling as much as 6.9% to $122.12 per share, giving the company a market value of $1.61 trillion. The value stood at $2.64 trillion at the close on June 16, its third day of trading.

Before it's here, it's on the Bloomberg Terminal\ \ Bloomberg Terminal LEARN MORE

Read Original at Bloomberg.com →

SpaceX Set to Wipe Out $1 Trillion in Value as Shares Slide