Tesla and SpaceX Lose $1.19 Trillion in Combined Market Cap Since June

Price Action

โดย The Motley Fool·

Summary · why it matters

Tesla and SpaceX have shed a combined $1.19 trillion in market capitalization since June 19, with SpaceX accounting for nearly $1 trillion of that decline. Tesla's market cap fell from $1.5 trillion to $1.28 trillion, while SpaceX dropped from $2.44 trillion to $1.47 trillion, bringing their collective value from $3.94 trillion to $2.75 trillion. The losses come as both companies ramp up massive spending on artificial intelligence initiatives, with Tesla planning $25 billion in capital expenditures this year and SpaceX projecting negative free cash flow of $105 billion in 2029 before a potential turnaround. SpaceX also faces near-term pressure as its unusual lockup period could allow up to 912 million shares to hit the market as early as August 6, more than doubling the current available supply.