SpaceX Sell-Off Wipes $1 Trillion from Musk's Rocket Group

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Technology

16 July 2026 at 5:23 am

SpaceX Sell-Off Wipes $1 Trillion from Musk's Rocket Group

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Summary

SpaceX has experienced a sell-off that wiped $1 trillion from Elon Musk's rocket group. The stock traded below $135 for the first time since its Wall Street debut in June.

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