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SpaceX Down for Six-Straight Days, Has Lost Almost $1 Trillion in Market Cap Since Peak

Summary by CNBC
The 'Fast Money' traders talk SpaceX's negative trading week.

8 Articles

Lean Right

The rocket and AI group of Tesla CEO Elon Musk had gone public in mid-June. It was the largest IPO ever.

·Vienna, Austria
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Over the past ten trading sessions, Elon Musk's space company dipped lower nine times.

·Belgium
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SpaceX lives the worst moment of its short history on Wall Street after the cancellation of the take-off tests of its Starship, which have led it to lose more than $1 trillion since it recorded its maximum level of contribution on June 16, when it reached $201.80 per share. On Thursday, the shares of the technology lost 3.08%, to 131.11 dollars per title, falling below the 135 dollars with which it began trading in the Nasdaq. The fall has been …

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Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left

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wiwo.de broke the news in Düsseldorf, Germany on Friday, July 17, 2026.
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