<div id="readability-page-1">SpaceX (SPCX) has lost about $620 billion in market value in two days, with shares down 18% from their post-IPO peak and nearing the average buyer’s cost basis. According to BeInCrypto, the stock closed Thursday at $184.98, down 3.6%, while its five-day volume-weighted average price was $181.71 after Tuesday’s intraday high above $225. SpaceX’s valuation fell from nearly $3 trillion to $2.37 trillion after its June 16 plan to buy Anysphere, maker of AI coding tool Cursor, for $60 billion in an all-stock deal, implying about 3.4% dilution.</div>

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<p>SpaceX lost approximately $620 billion in market value over two days, with shares dropping 18% from their post-IPO peak. The decline follows the announcement of a $60 billion all-stock acquisition of AI coding tool maker Anysphere, which implies about 3.4% dilution. Consequently, SpaceX's valuation fell from nearly $3 trillion to $2.37 trillion.</p>

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SpaceX Sheds $620 Billion in Two Days as SPCX Slides After Anysphere Deal