SpaceX Market Cap Drops Over $1.2 Trillion as Stock Falls 20% From IPO Price

SpaceX equity value declined 20% from initial public offering levels, resulting in a market capitalization reduction exceeding $1.2 trillion.

Woofun AI data shows that SpaceX (SPCX.O) shares have decreased by 20% relative to their IPO price. This valuation adjustment has caused the company's total market value to plummeting over $1.2 trillion.