Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Posted on June 23, 2026
- By Business News Today
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- 1 min read
Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
Technology stocks came under heavy selling pressure on Tuesday, putting the Nasdaq 100 on track to lose more than $1 trillion in market value. SpaceX slipped below a $2 trillion valuation for the first time since its IPO, while chipmakers and AI-linked megacaps extended losses amid valuation and rate concerns.
