Quartz·1 min read·medium
SpaceX stock has shed $1.2 trillion in market cap — roughly equal to all of Tesla
✦AI Summary
SpaceX's market valuation has dropped by $1.2 trillion, a decline comparable to the total market capitalization of Tesla. The stock has experienced a significant downward trend, closing at roughly half of its peak value from June.
The stock fell for the 13th time in 16 sessions on Monday, closing at $113.50 — roughly half its June peak
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