ReferIndia News SpaceX shares extend slide with another 3% fall; over $600 billion in market value wiped out in 3 sessions

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SpaceX shares extend slide with another 3% fall; over $600 billion in market value wiped out in 3 sessions

Published on: June 23, 2026, 7:25 p.m. | Source: The Economic Times

SpaceX shares fell another 3%, extending a three-day selloff that has wiped out over $600 billion in market value and pushed the stock below its listing price. Concerns over valuation, debt-funded AI expansion and broader technology sector weakness have weighed on investor sentiment despite the company's anticipated Nasdaq-100 inclusion.

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