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$SPCX The market value has evaporated by the equivalent of 1.14 BTC!
👇🏻 Still plunging lower relentlessly after Spacex traded below its issuance price
Down 49.6% from the $230 high point,
Down 14.1% from the $135 IPO issuance price;
Today’s low touched $114.48;
At one point, the selloff widened to 15.2%.
SPCX has fallen from $230 to where it is now; the market value that has evaporated is about $1.5 trillion, and $BTC its market cap is only $1.3 trillion! It has wiped out the value of 1.14 BTC!