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SpaceX investors lose $600 bn as shares fall for 3rd straight day
short by Vaishnavi Mishra / on Tuesday, 23 June, 2026
Shares of Elon Musk-led SpaceX plunged another 16% on Monday, extending their losing streak for the third straight session. With this fall, SpaceX has wiped out $600 billion in market capitalisation, dragging down the net worth of Musk. The wipeout is nearly three times the combined wealth of India's richest businessmen Mukesh Ambani and Gautam Adani.
read more at CNBC-TV18