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Home›US Markets›Equities›Elon Musk shares slide further as SpaceX lockup test l…

Elon Musk shares slide further as SpaceX lockup test looms

The latest drop comes as fresh developments tied to a SpaceX lockup raise uncertainty around Elon Musk related holdings, adding to a month of declines reported by CNBC.

Reported · Written up by our desk · Equities

CNBC Markets reports that Elon Musk shares have suffered another sharp pullback, adding to losses for the tech billionaire during what the outlet describes as a rough month.

According to CNBC, the latest pressure is linked to a fresh test connected to a SpaceX lockup, a factor investors may be watching for potential effects on Musk holdings.

The outlet frames the move as part of a broader drawdown, citing a $1.5 trillion hit tied to Musk-related stocks ahead of the SpaceX-related milestone.

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Sources

CNBC MarketsElon Musk stocks take $1.5 trillion hit with fresh test in SpaceX lockup ahead
CNBC WorldElon Musk stocks take $1.5 trillion hit with fresh test in SpaceX lockup ahead

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