SpaceX shares close down 14%, wiping out $225 billion in market value
SpaceX shares closed down 14% on August 5, 2026, erasing $225 billion in market value. This follows the company's IPO and precedes a major share unlock of 900 million shares worth $101 billion becoming available for trading on Thursday.
Detected & updated continuously · Source: Nebula
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@blckchaindaily
🚨 SPACEX SHARES CLOSE DOWN 14%, WIPING OUT $225 BILLION IN MARKET VALUE $SPCX
@DeeDee_Z
[From Y!Finance:] "SpaceX’s $101 Billion Unlock Heaps Pressure on Battered Shares" — Lede: $101 billion worth of stock -- 900 million shares -- becomes available for trading on Thursday. https://finance.yahoo.com/markets/stocks/articles/spacex-101-billion-unlock-heaps-131749403.html The discussion / predictions today will certainly be different than they were a month ago, now that the share price has in fact dropped below the IPO price -- there's not nearly as much "rich" in the Get Rich Quick plan that was probably envisioned by most internal shareholders. Going to be interesting to "watch from a distance" tomorrow.
@darthjoe101
I bought some puts for the panic sell of SpaceX tomorrow, how many of you did as well? — I bought two contracts of puts for the panic sell I’m anticipating tomorrow after the 911 million shares get opened up and am curious if you guys did as well?