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Barchart
Barchart
Pathikrit Bose

SpaceX Stock Has Crashed 50% from Its All-Time Highs and Eroded More Than Half a Trillion Dollars in the Process

A time period of roughly one and a half months is not much. Yet, shareholders of Elon Musk's SpaceX (SPCX), will say that it is. From the euphoric highs of being the company with the biggest IPO ever by raising $75 billion, SPCX has come crashing down by more than 50% from its all-time highs, eroding value of more than a trillion dollars in the process.

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