SpaceX continues to dominate the aerospace industry with innovations that never cease to amaze the world. Through its ambitious Starship project, Elon Musk's company is getting closer to the mission of bringing humans back to the Moon and, ultimately, setting foot on Mars. The success of their *reusable* rocket technology not only drastically reduces launch costs but also revolutionizes the way we view space exploration.

On June 22 local time, SpaceX (SPCX) stock closed at $154.6, with a daily drop of 16.43%, and its market capitalization was wiped out by about $400 billion. This is the stock’s third consecutive day of decline. Since June 17, the cumulative drop has exceeded 23%, and cumulative market-cap erosion has been more than $600 billion. SPCX’s share price not only fell below the $160.95 IPO first-day closing price, but also pulled back more than 30% from the $225.64 all-time intraday high set on June 16