SpaceX Has Erased More Than $1.2 Trillion in Market Value Since June Peak

MT Newswires Live07:26

SpaceX has lost more than $1.2 trillion in market capitalization since its June peak, matching the value of Elon Musk's other company, Tesla (TSLA), CNBC reported Monday.

The report said SpaceX fell more than 1% to $113.50 on Monday, marking its 13th decline in the past 16 sessions.

CNBC said options activity was mixed, with more put premium than call premium, although several of the day's largest trades were neutral to bullish.

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