📈 Stocks & Economy🌐 Global
SpaceX Stock Crashes Below IPO Price, Wiping Out $800 Billion in Value
MarketWatch·Thursday, 16 July 2026
SpaceX's stock has fallen below its IPO price for the first time since going public. The company has lost more than $800 billion in market value from its closing high seen just a month ago. The selloff marks a dramatic reversal for one of the most hyped public listings in recent memory.
Why It Matters
Many Indian retail investors and funds have exposure to US tech and space stocks. A wipeout of this scale signals that even the biggest names can fall hard and fast.
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