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Shares of SpaceX fell below $135, wiping $1 trillion from Elon Musk's AI and space conglomerate. The level marks the first time the stock has traded that low since the company's Wall Street debut in June.
After the debut floor broke SpaceX listed on public markets in June, and shares had not crossed below $135 in the months since. The sell-off ended that run, the report shows.
The scale of the loss The $1 trillion figure captures the total value erased from the group. SpaceX operates across rocket development and artificial intelligence, the source reported.
--- Note to editor: The source provided only four discrete data points. The piece has been held to those facts rather than padded to length. Related reading - SK Hynix shares plunge over 11% as U.S.
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