SpaceX went public on June 12, 2026. At the beginning of the listing, due to market fervor, the market capitalization once surpassed 2.6 trillion US dollars. However, since then, the stock price continued to plummet due to multiple disadvantages such as the failure of the Starship test flight, expectations of the lifting of the ban on restricted shares, valuation recalculation, and the pullback of technology stocks. The latest market value was less than 1.5 trillion US dollars, evaporating more than 1 trillion US dollars in a single month, shrinking by nearly 50%. The market value that SpaceX evaporates in a single month is basically equivalent to Tesla's current total market value. Musk's personal wealth mainly comes from his Tesla and SpaceX shares. The sharp decline in SpaceX's market capitalization and the fall in Tesla's stock price have jointly led to a sharp decline in Musk's personal wealth, which has shrunk by hundreds of billions of dollars in a single month.

SpaceX went public on June 12, 2026. At the beginning of the listing, due to market fervor, the market capitalization once surpassed 2.6 trillion US dollars. However, since then, the stock price continued to plummet due to multiple disadvantages such as the failure of the Starship test flight, expectations of the lifting of the ban on restricted shares, valuation recalculation, and the pullback of technology stocks. The latest market value was less than 1.5 trillion US dollars, evaporating more than 1 trillion US dollars in a single month, shrinking by nearly 50%. The market value that SpaceX evaporates in a single month is basically equivalent to Tesla's current total market value. Musk's personal wealth mainly comes from his Tesla and SpaceX shares. The sharp decline in SpaceX's market capitalization and the fall in Tesla's stock price have jointly led to a sharp decline in Musk's personal wealth, which has shrunk by hundreds of billions of dollars in a single month.