SpaceX has now lost the equivalent of a full Tesla in market capitalization

Elon Musk's space company has wiped off more than $1.2 trillion in market cap since hitting a high of $225.64 per share in June.

The top 3

  1. SpaceX's Private Valuation Milestones: Before its public debut, SpaceX's valuation grew significantly, reaching approximately $208 billion in August 2024, then $350 billion in December 2024, and around $400 billion by mid-2025 through various tender offers.
  2. SpaceX's Market Cap Post-IPO: After its Nasdaq debut in June 2026, SpaceX achieved a market capitalization of approximately $2.46 trillion, instantly becoming one of the world's most valuable companies.
  3. SpaceX's Dominance in Aerospace Valuation: SpaceX's $2.46 trillion market capitalization is significantly larger than the combined value of the next 20 biggest publicly traded pure-play space companies, which together are worth about $235 billion.

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