SpaceX has lost more than $1.2 trillion in market capitalisation since hitting a high of $225.64 per share in June, a decline CNBC likens to the value of an entire Tesla.
Key facts
- SpaceX has lost more than $1.2 trillion in market capitalisation since a June high, according to CNBC.
- The company's share price peaked at $225.64 in June, CNBC reported.
- CNBC compared the size of the loss to the market value of a full Tesla.
- SpaceX is led by Elon Musk.
Elon Musk’s space company SpaceX has lost more than $1.2 trillion in market capitalisation since reaching a June high, according to a report from CNBC published on 27 July 2026.
CNBC reported that the decline was measured from a peak of $225.64 per share recorded in June. From that high, the outlet said, the company has wiped off more than $1.2 trillion in value.
CNBC characterised the scale of the loss by noting it is equivalent to the entire market value of a full Tesla, drawing a comparison between two companies closely associated with Musk.
The CNBC report cited above did not detail the specific factors behind the decline. Further context on the causes and timing of the drop was not available in the source.
Why it matters
SpaceX is one of the most closely watched companies in the space and technology sectors, and a reported valuation swing of this scale is significant to investors and observers.
Frequently asked questions
How much market cap has SpaceX reportedly lost?
According to CNBC, SpaceX has wiped off more than $1.2 trillion in market capitalization since its June high.
What was SpaceX's peak share price?
CNBC reported the company hit a high of $225.64 per share in June.
Why is the loss compared to Tesla?
CNBC described the more than $1.2 trillion decline as equivalent to the full market capitalization of Tesla, another company associated with Elon Musk.