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Data compiled by Woofun AI shows that SpaceX shares retreated 16.43% on Monday, slipping below the closing price recorded on its IPO debut. This sharp decline erased approximately $400 billion from its market capitalization, registering as the second-largest single-day valuation loss in global corporate history. Over three consecutive trading sessions, the stock has accumulated a decline of more than 23%, shedding over $900 billion from its peak. Despite this volatility, the current share price remains 14.5% above the $135 IPO benchmark, sustaining a total market value of $2.03 trillion.
Concurrently, SpaceX is initiating its first bond issuance to raise at least $20 billion, a move integral to its broader debt financing strategy aimed at fueling expansion within the artificial intelligence sector. This capital push follows the February acquisition of xAI, which formally integrated AI operations into the company's core strategic framework. Oppenheimer analyst Timothy Horan projects that debt will become the primary funding source, with net debt potentially surpassing $400 billion by 2031—a figure exceeding the total debt of nearly all U.S. corporations and more than triple Oracle's current liabilities.