SpaceX investors lose $600 bn as shares fall for 3rd straight day

Vaishnavi Mishra, Published on Jun 23rd, 2026

SpaceX investors lose $600 bn as shares fall for 3rd straight day

Shares of Elon Musk-led SpaceX plunged another 16% on Monday, extending their losing streak for the third straight session. With this fall, SpaceX has wiped out $600 billion in market capitalisation, dragging down the net worth of Musk. The wipeout is nearly three times the combined wealth of India's richest businessmen Mukesh Ambani and Gautam Adani.

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