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The Latest Breaking News from SpaceX

The one guest Melania didn’t want staying over at the White House – but she was overruled

The guest spent multiple nights in the Lincoln Bedroom at the White House

The Independent UK

SpaceX Dragon says goodbye to the ISS | Space photo of the day for June 23, 2026

The cargo spacecraft catches the sunlight as it departs its visit to the space station.

Space

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

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.

The Economic Times

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SpaceX Drops Below IPO Price As Stock Falls For Fourth Day In a Row

SpaceX shares fell below the company's IPO price of $150 as a wider rout in tech stocks continues.

International Business Times

Michael Burry Just Refused to Buy the SpaceX IPO. Here Are 3 Companies He Is Buying Instead.

Michael Burry has questioned SpaceX’s valuation, but the famed investor believes the cost to short SPCX is too high. Instead, he is buying these three stocks.

Barchart

Will California’s billionaire tax proposal make it to ballots?

Despite more than double the needed number of signatures to qualify for ballot, there’s uncertainty it’ll make it to voters

The Guardian - US

Cathie Wood Bumps SpaceX Stake Amid Selloff as Musk Loses More Than Buffett's Net Worth Overnight

Ark Invest, led by Cathie Wood, bought over 210,000 SpaceX shares during a $152 billion market crash. Learn about Roku share sales post-Fox acquisition and Ark's evolving strategy in disruptive markets.

International Business Times UK

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Another AI Firm Is Paying SpaceX $6.3B for Nvidia Compute After Google and Anthropic's $26B Commitment

SpaceX has partnered with Reflection AI, securing a $150 million monthly deal to provide computing power, enhancing open-source AI development amid growing concerns over closed AI systems.

International Business Times UK

SpaceX Valuation Loses Altitude as AI Risks Mount

Aggressive equity dilution and severe data center cash burn are forcing investors to rapidly reprice the dominant monopoly driving the commercial space sector.

MarketBeat

Elon Musk's trillion dollars aren't real — and that's the point

He draws no salary, can't sell his shares without collapsing their value, and his net worth depends on bets that haven't paid off yet.

Fortune

Elon Musk's fortune takes a $300 billion hit as SpaceX sees $1 trillion rout in market value

Elon Musk's net worth has dropped by an estimated $350 billion after SpaceX shares tumbled more than 30% from their post-IPO peak, wiping out nearly $1 trillion in market value. Concerns over valuation, debt-funded expansion, AI spending and broader tech weakness have fuelled the sharp correction.

The Economic Times

SpaceX's drop off sees Elon Musk's net worth fall $240 billion—roughly the same value as computing giant IBM

Musk’s net worth has dropped from a peak of $1.32 trillion to $1.08 trillion at the time of writing, per the Bloomberg Billionaires Index.

Fortune

Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides

Technology stocks came under heavy selling pressure on Tuesday, putting the Nasdaq 100 on track to lose more than $1 trillion in market value. SpaceX slipped below a $2 trillion valuation for the first time since its IPO, while chipmakers and AI-linked megacaps extended losses amid valuation and rate concerns.

The Economic Times

Markets tumble worldwide as Fed resets interest rate expectations: $400 billion wiped off SpaceX stock

Everything you need to know before you reach the office this morning.

Fortune

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Euronews

SpaceX sheds $600 billion in three days as it taps the bond market for the first time

SpaceX shares have fallen for a third straight session, sinking to their lowest level since the firm's market debut and wiping out most of the spectacular gains made after its IPO, just as it launches its first-ever bond sale.

The Independent UK

Oil prices fall to early March levels as US-Iran peace talks progress

JD Vance stated that extensive discussions with senior Iranian officials have established a ‘good foundation’ for a comprehensive final peace deal

Evening Standard

Oil prices hit lows not seen since early March on US-Iran peace talk progress

Brent crude dropped nearly 2% to 76.5 US dollars a barrel at one stage in morning trading on Tuesday.

The Economic Times

US bond yields back to 'normal'; AI needs a reality check, says Ed Yardeni

Veteran strategist Ed Yardeni views the recent rise in Treasury yields and the AI stock correction as healthy market adjustments, not crisis signals. He believes bond yields are returning to normal levels and AI stock valuations are undergoing a realistic reassessment. Despite a hawkish Fed stance, Yardeni anticipates only one…

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news in one place.

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International Business Times UK

SpaceX Crash Wipes More Than Warren Buffett's Net Worth From Trillionaire Elon Musk's Fortune

SpaceX shares fell 16%, erasing $152 billion from Elon Musk's fortune. The decline follows a grounded Starship fleet and a $20 billion bond sale, raising investor concerns.

The Economic Times

Global Market Today: Asian stocks dip at open as oil edges higher

Asian markets opened lower as oil prices inched up, with investors closely monitoring US-Iran peace talks. Despite positive initial reports on negotiations, conflicting statements from both sides have created uncertainty. Concerns are also mounting over the sustainability of the AI rally, with significant drops in tech stocks like SpaceX, as…

The Economic Times

SpaceX falls for third day, erases $600 billion in market value

SpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announcement of its first investment-grade bond sale, signaling a major borrowing effort to fuel its artificial intelligence initiatives. Despite the recent dip, the stock remains above its IPO price,…

Space

SpaceX launches its 1st 'Starfall' reentry capsule in early morning Falcon 9 liftoff

SpaceX launched its first-ever Starfall spacecraft, demonstrating the new vehicle's ability to operate in space and return safely back to Earth.

Fortune

AI drug discovery firm Insilico Medicine signs deal with Korea’s SK Biopharmaceuticals worth $2.5 billion

“We want to be the SpaceX of the pharmaceutical industry,” Alex Zhavoronkov, co-CEO of Insilico Medicine, tells Fortune.

Barchart

SpaceX Is the World’s Most Ambitious Company. You Should Still Wait for a Pullback in SPCX Stock Before You Buy.

SpaceX receives a price hike from Oppenheimer analyst citing Cursor acquisition and AI stack advantage.

Kiplinger

Stocks Are Mixed as SpaceX Seeks Its Orbit: Stock Market Today

Markets are still absorbing the biggest IPO in history, and today they're also observing the passing of one of the most consequential central bankers ever.

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