✅ Confirmed
Elon Musk
Noticia
SpaceX loses market cap equivalent to entire Tesla valuation
SpaceX has lost over $1.2 trillion in market capitalization since its peak of $225.64 in June, a drop equivalent to Tesla's entire value, which has also fallen to near one-year lows. SpaceX recently closed at $113.50 after 13 down sessions in 16 days. Options volume shows mixed interest, with more puts than calls, but the largest trades were neutral or bullish. Investors await the first earnings report post-IPO, allowing up to 911.5 million locked shares to be sold starting August 6, potentially increasing volatility.
- SpaceX lost over $1.2 trillion since June
- Up to 911.5 million locked shares can be sold from August 6
🔎 Why it matters: SpaceX's market cap drop matches Tesla's full value and the August 6 earnings report unlocks 911.5 million shares.
📈 Upside: Not applicable.
📉 Risk: The large unlocking of shares after earnings may increase price volatility.
🤖 Automated analysis and summary. Every story links its original source for verification.