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SpaceX wipes off $700 billion wealth in just 2 days as shares swing 23%
short by Ashley Paul / on Friday, 19 June, 2026
SpaceX shares turned negative for the second day as they closed 3.56% lower at $185, taking the two-day losses to 8.32%. The shares have swung 23.72% since their listing last Friday, from their $225.64 high on June 16 to their $172.11 low on June 18, wiping off investor wealth worth $700 billion. SpaceX's market value now sits at $2.42 trillion.
read more at Reuters