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Home›US Markets›Equities›SpaceX has wiped out more than $1.2 trillion in market…

SpaceX has wiped out more than $1.2 trillion in market cap

SpaceX’s shares, which peaked at $225.64 in June, have since erased over $1.2 trillion in market value, according to CNBC Markets.

Reported · Written up by our desk · Equities

SpaceX has suffered a massive drop in market capitalization, erasing the equivalent of more than a full Tesla’s value, CNBC Markets reports.

The outlet says SpaceX wiped off more than $1.2 trillion in market cap after reaching a high of $225.64 per share in June.

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Sources

CNBC MarketsSpaceX has now lost the equivalent of a full Tesla in market capitalization

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