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CNBC
SpaceX has now lost the equivalent of a full Tesla in market capitalization
SpaceX's market capitalization has dramatically decreased, now erasing over $1.2 trillion from its peak value in June. The company's shares have been on a downward trend, falling for 13 out of the last 16 trading sessions. This decline correlates with Tesla's falling stock value, as both companies are impacted by broader market sentiments. Traders are showing mixed reactions, with some making bets on a possible turnaround. As SpaceX approaches its first earnings report since going public, investor sentiment remains cautious. The earnings release could trigger the release of approximately 911.5 million shares, which further complicates the market dynamics. Despite the gloomy outlook for both companies, analysts express a belief that this lock-up period may not be as detrimental as anticipated, though it adds to the uncertainty surrounding SpaceX's future performance.
MonitorConfidence: HighShort term horizon
Published 27 Jul 2026, 21:55 UTC2 min read
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Summary
TL;DR
- SpaceX has lost over $1.2 trillion in market cap since its June peak.
- The current share price is $113.50, down significantly from $225.64.
- SpaceX's downtrend parallels Tesla's performance, which is near one-year lows.
- Traders are engaged in mixed strategies, including bullish and neutral positions.
- Upcoming earnings report could lead to significant share unlocks.
Interesting facts
- The market cap loss of SpaceX is nearly equivalent to the entire value of Tesla.
- Despite losses, there is still some bullish activity among small speculators.
- Market reactions to earnings reports are typically seen as volatility-reducing, but this may not apply to SpaceX.