[SpaceX Stock Price Keeps Sinking; Market Cap May Fall Below $2 Trillion] Golden Finance reported that on June 23, SpaceX’s stock price continued its downward trend in pre-market trading. This followed a day when the company’s market value evaporated by the second-largest amount in U.S. stock history. The stock once dropped 5% to about $147, falling below the $150 opening price on its first day. The rocket, satellite, and artificial intelligence company led by Elon Musk now faces the risk of its market cap falling below $2 trillion. After falling for three straight trading days, SpaceX’s market value has cumulatively evaporated by more than $600 billion. In just one day on Monday alone, its market cap evaporated by about $400 billion—second only to the roughly $590 billion market-cap plunge suffered by Nvidia last year.

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