751
SpaceX stock drops to a new low and loses $1 trillion in value in a month
(www.businessinsider.com)
this post was submitted on 18 Jul 2026
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We ain't seen nothing yet. In 2-3 weeks the Q2 report will release at which 20% of stocks held by employees will be unlocked, which has hit even profitable and not-fantasy-based companies hard in the past. There will also be a wave of resignations from people who cash out and if that takes key people then investors back off even further. My guess is fElon wants the stock to stay high until next summer when he can sell, but he NEEDS it to stay high until November when early investors can cash out. He has borrowed billions from people you wouldn't want to owe $1 and been delaying and juggling for a few years with tacking together this SpaceX nonsense amalgamation.
Here's what Musk is sitting on, as well as Shotwell.
https://www.secform4.com/insider-trading/1181412.htm