big number
About $928 billion. That’s how much SpaceX’s market value has decreased since its June 16 peak of about $2.99 trillion, falling to around $2 trillion on Monday. The company briefly ranked ahead of Amazon and Microsoft as the fourth-largest company in the world by market capitalization, and SpaceX now ranks seventh, directly behind TSMC ($2.42 trillion).
This is a developing story.
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