SpaceX has now lost the equivalent of a full Tesla in market capitalization

What’s one trillion between a trillionaire and his biggest fans?

SpaceX has now erased more than $1.2 trillion in market cap since its high price of $225.64 in June – almost exactly the value of Elon Musk’s other company, Tesla, whose shares just fell to near one-year lows. On Monday, SpaceX fell for the 13th session out of the last 16, shedding more than 1% to end at $113.50.

Source: https://www.cnbc.com/2026/07/27/spacex-has-now-lost-the-equivalent-of-a-full-tesla-in-market-capitalization.html