SpaceX shares have fallen to a record low of about $115, capping a steep slide since the company's stock market debut in June. The drop has wiped more than $1 trillion from the value of what was, only weeks ago, the biggest listing in history.
The fall has been fast. SpaceX priced its shares at $135 and began trading on 12 June, opening well above that level. Four days later the stock reached a peak of $225.64. From there the direction has been almost entirely downwards, leaving it well below the price early buyers paid.