SpaceX Shares Crash 50% Below Post-IPO High, Erasing $600 Billion From Elon Musk’s Net Worth

Price Action Impact 4

โดย Yahoo Finance·Read original

Summary · why it matters

SpaceX shares have plunged roughly 50% below their post-IPO high, wiping out approximately $600 billion from Elon Musk’s net worth in about one month. After pricing its IPO at $135 per share, the stock surged to $225 before crashing to around $113, leaving it 16% below its offering price. Bloomberg’s Billionaires Index shows Musk’s fortune briefly hit $1.3 trillion during the frenzy before falling to an estimated $718.8 billion. Insider lockup expirations next month may add further selling pressure, and the episode serves as a cautionary tale ahead of highly anticipated IPOs from Anthropic and OpenAI.