SpaceX Wipes Out a Full Tesla's Worth of Market Value Since Peaking in June
SpaceX went public at $1 trillion valuation, but now dropped to $1.42 trillion. In comparison, Tesla took 18 years to reach $1 trillion.
SpaceX's value dropped by about $580 billion since June, which is like losing all of Tesla's worth in one fall. When a company's value drops quickly, it's worth noticing what changed—whether people got worried about its plans or if the whole market got more careful.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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