Elon Musk's Tesla and SpaceX shed $1.2 trillion in market cap in July

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โดย Yahoo Finance·Read original
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Elon Musk's Tesla and SpaceX together lost about $1.2 trillion in market capitalization in July, according to Yahoo Finance Markets and Data Editor Jared Blikre. Tesla's market cap fell by roughly $400 billion, while SpaceX dropped about $800 billion from its peak, with its share price declining from an intraday high of $225 to below $110. Apple gained $700 billion in market cap over the same period, and Alphabet saw a $300 billion sell-off following its earnings report. The moves reflect a broader rotation out of high-beta mega-cap stocks into value and defensive sectors, with the equal-weighted S&P 500 up 1% for the month even as the cap-weighted index fell 1.15%.

Impact on stocks 4

Artificial Intelligence± Mixed · 2 stocks
Apple Inc.
AAPL
▲ PositiveCapitalrelevance

Apple gained $700 billion in market cap amid rotation out of high-beta stocks.

Electrification & Mobility▼ · 1 stocks
Tesla Inc
TSLA
▼ NegativeCapitalrelevance

Tesla's market cap fell by roughly $400 billion in July.

Space Economy▼ · 1 stocks
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