SpaceX falls for third day, erases $600 billion in market value
- Posted on June 23, 2026
- By Business News Today
- 0 Views
- 1 min read
SpaceX falls for third day, erases $600 billion in market value
SpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announcement of its first investment-grade bond sale, signaling a major borrowing effort to fuel its artificial intelligence initiatives. Despite the recent dip, the stock remains above its IPO price, with strong retail investor interest noted. Analysts suggest the company's future growth potential is already factored into its current valuation.
