SpaceX’s $1.2 trillion loss in market value since June nearly equals Tesla’s current market capitalization amid a prolonged downturn.
SpaceX has erased over $1.2 trillion in market value since its June peak at $225.64, approaching Tesla’s total market cap. The stock fell 1% on Monday to close at $113.50, reflecting ongoing selling pressure and negative momentum.
The decline mirrors broader concerns affecting high-capital-expenditure AI stocks. Options trading has shifted toward a more balanced stance, though major trades remain neutral to bullish, with speculative call buying and large put-spread selling observed.
A post-earnings lock-up allows up to 911.5 million shares to be sold, potentially adding downward pressure. Analysts suggest the impact may be less severe than feared but still unfavorable for the stock.