{"id":74432,"date":"2026-06-23T09:01:20","date_gmt":"2026-06-23T09:01:20","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/musk-loses-150-billion-in-a-day-as-spacex-stock-tumbles-hard\/"},"modified":"2026-06-23T09:01:20","modified_gmt":"2026-06-23T09:01:20","slug":"musk-loses-150-billion-in-a-day-as-spacex-stock-tumbles-hard","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/musk-loses-150-billion-in-a-day-as-spacex-stock-tumbles-hard\/","title":{"rendered":"Musk Loses $150 Billion in a Day as SpaceX Stock Tumbles Hard"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><\/p>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">SpaceX (Nasdaq: SPCX) fell 16% yesterday to $154.60, a three-day loss of 23%.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Musk\u2019s net worth dropped about $150 billion in a day, leaving him worth roughly $1 trillion.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Ark Invest bought 210,121 SPCX shares worth $32.5 million, betting on the dip.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2><span style=\"font-weight:400\">A Brutal Three Days<\/span><\/h2>\n<p><span style=\"font-weight:400\">SpaceX stock fell 16% on Monday to <\/span><a href=\"https:\/\/www.cnbc.com\/amp\/2026\/06\/22\/spacex-stock-ipo-rally-selloff.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">close at $154.60<\/span><\/a><span style=\"font-weight:400\">, its lowest level since the company\u2019s first day of trading. The drop extended a three-day slide that pushed the stock down 23% from recent highs and erased a large share of the gains it booked after a blockbuster debut.<\/span><\/p>\n<p><span style=\"font-weight:400\">The single-session decline was historic in scale with the Monday rout wiping out roughly $400 billion in market value, described in reports as among the biggest one-day losses by any company on record. Over the full three-day stretch, Bloomberg estimated that SpaceX <\/span><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-22\/spacex-shares-poised-to-slide-again-as-us-market-reopens\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">shed about $600 billion<\/span><\/a><span style=\"font-weight:400\">, leaving its market capitalization just above $2 trillion.<\/span><\/p>\n<figure id=\"attachment_825425\" aria-describedby=\"caption-attachment-825425\" style=\"width:1060px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-825425\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">The catalyst was financial, not operational and SpaceX said it would sell <\/span><span style=\"font-weight:400\">investment-grade bonds<\/span><span style=\"font-weight:400\"> for the first time, the start of what is expected to be a heavy borrowing program to fund its artificial-intelligence ambitions. The debut bond sale unsettled investors who had bid the stock up sharply after its listing.<\/span><\/p>\n<h2><span style=\"font-weight:400\">Musk\u2019s Paper Losses<\/span><\/h2>\n<p><span style=\"font-weight:400\">The selloff hit Elon Musk\u2019s fortune hard as the SpaceX and Tesla chief lost about $150 billion in net worth in a single day, leaving him worth roughly $1 trillion. For perspective, that one-day decline exceeded the entire net worth of Warren Buffett (estimated around $145 billion), a comparison economist <\/span><span style=\"font-weight:400\">Peter Schiff<\/span><span style=\"font-weight:400\"> was <a href=\"https:\/\/x.com\/PeterSchiff\/status\/2069201451197317204\" target=\"_blank\" rel=\"noopener noreferrer\">quick to highlight<\/a>.<\/span><\/p>\n<p><span style=\"font-weight:400\">The losses follow a euphoric run, given SpaceX began trading on June 12 after raising roughly <\/span><a href=\"https:\/\/news.bitcoin.com\/spacex-ipo-puts-18712-bitcoin-treasury-on-wall-streets-radar\/\"><span style=\"font-weight:400\">$75 billion<\/span><\/a><span style=\"font-weight:400\"> at a $1.75 trillion valuation, the largest IPO in history. The stock surged to an all-time high of <\/span><span style=\"font-weight:400\">$225.64<\/span><span style=\"font-weight:400\"> on June 16, briefly pushing the company\u2019s market capitalization past $2.7 trillion before the reversal set in.<\/span><\/p>\n<p><span style=\"font-weight:400\">Even after the slide, Musk remains the world\u2019s wealthiest person by a wide margin. But the speed of the drawdown has once again brought to light how richly the market had priced SpaceX, and how quickly things can turn for a newly public megacap.<\/span><\/p>\n<h2><span style=\"font-weight:400\">Here\u2019s Why Crypto Is Watching<\/span><\/h2>\n<p><span style=\"font-weight:400\">The SpaceX story carries direct relevance for <span>crypto<\/span> investors because the company is now one of the largest corporate holders of <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a>. SpaceX\u2019s IPO put an 18,712 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> treasury (worth well over $1 billion) onto Wall Street\u2019s radar, and combined with Tesla\u2019s holdings, Musk-linked companies control more than 30,000 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> (<\/span><span style=\"font-weight:400\">making SPCX a partly crypto-correlated stock). <\/span><\/p>\n<p><span style=\"font-weight:400\">Michael Saylor noted after the listing that a quarter of the so-called \u201c<\/span><a href=\"https:\/\/news.bitcoin.com\/saylor-says-25-of-mag8-now-holds-bitcoin-after-musks-historic-spacex-ipo\/\"><span style=\"font-weight:400\">Mag8<\/span><\/a><span style=\"font-weight:400\">\u201d megacaps now hold <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> on their balance sheets, calling SpaceX\u2019s debut a milestone for corporate adoption. T<\/span><span style=\"font-weight:400\">he near-term question now is whether SpaceX\u2019s bond sale marks the start of sustained selling pressure or a temporary reset after an overheated debut. <\/span><\/p>\n<p><span style=\"font-weight:400\">Musk has projected the company could generate roughly <\/span><a href=\"https:\/\/news.bitcoin.com\/musk-spacex-1-trillion-revenue-pompliano-tesla-merger-37856\/\"><span style=\"font-weight:400\">$1 trillion in annual revenue<\/span><\/a><span style=\"font-weight:400\"> by 2030, a target that will be tested as it takes on debt to chase its AI goals. <\/span><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/musk-spacex-stock-tumble-ark-buys-dip\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways SpaceX (Nasdaq: SPCX) fell 16% yesterday to $154.60, a three-day loss of 23%. Musk\u2019s net worth dropped about $150 billion in a day, leaving him worth roughly $1 trillion. Ark Invest bought 210,121 SPCX shares worth $32.5 million, betting on the dip. A Brutal Three Days [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":74433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74432"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74432"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74432\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74433"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}