economy

SpaceX sell-off wipes $1tn from Elon Musk’s rocket group

Stock trades below $135 for first time since AI and space conglomerate’s Wall Street debut in June

SpaceX sell-off wipes $1tn from Elon Musk’s rocket group

TL;DR

  • SpaceX stock is trading below $135.
  • This is the first time the stock has reached this price since its debut in June.
  • The company is described as an AI and space conglomerate.