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SpaceX Stock Plunge Erases $600B From Musk's Net Worth

7/26/2026

50 9 Full Breakdown

Summary

Story summary

SpaceX shares fell 50% from $225.64 to $113, erasing $600 billion from SpaceX founder Elon Musk’s net worth.
The company listed on June 12 at $135, sold 638.9 million shares and raised $85.7 billion.
Short sellers hold about 360 million shares, 56% of the float, with $15.5 billion unrealized profit as of July 21.
An insider share release on August 6 could raise the tradable float from 4.9% to about 12%.

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Story summary

SpaceX shares fell 50% from $225.64 to $113, erasing $600 billion from SpaceX founder Elon Musk’s net worth.
The company listed on June 12 at $135, sold 638.9 million shares and raised $85.7 billion.
Short sellers hold about 360 million shares, 56% of the float, with $15.5 billion unrealized profit as of July 21.
An insider share release on August 6 could raise the tradable float from 4.9% to about 12%.