SpaceX Market Value Drops Over $1.2T From Peak, Matching Tesla

SpaceX stock fell nearly 50% from highs, erasing $1.2T in value. Upcoming earnings and a 20% lock-up expiry on Aug 6 add near-term selling pressure.

Woofun AI data shows that SpaceX shares closed at $113.50 on Monday, representing a decline of nearly 50% from the June peak of $225.64. This drop has eliminated over $1.2 trillion in market capitalization, a figure comparable to Tesla’s total valuation. The stock has declined in 13 of the last 16 trading sessions.

Options activity saw put volume exceed calls, though four of the top five premium trades utilized neutral or bullish strategies. SpaceX is scheduled to publish its first post-IPO financial report next week. On August 6, the second full trading day after the lock-up expiration, investors may sell up to 911.5 million shares, representing 20% of eligible holdings. While market participants anticipate the impact may be less severe than feared, the event continues to exert downward pressure on the stock.