---
title: "SpaceX sheds about $1T in market value from June peak"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293055923.md"
description: "SpaceX shares fell approximately 5% to $123.82, erasing roughly $1 trillion in market value from its June peak of $2.64 trillion. The stock has dropped about 45% since its intraday high on June 16. This decline follows the cancellation of a planned Starship launch due to engine issues. Despite an initial post-IPO rally and inclusion in the Nasdaq-100, investor sentiment has cooled, bringing SpaceX's current market capitalization to approximately $1.64 trillion."
datetime: "2026-07-17T15:30:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293055923.md)
  - [en](https://longbridge.com/en/news/293055923.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293055923.md)
generator: "portal-rs"
---

# SpaceX sheds about $1T in market value from June peak


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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**