The Damage Report
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Elon Musk Loses MASSIVELY As SpaceX Stock Plunges After Stunning Rating Blow
Posted
June 23, 2026
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145,082
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June 23, 2026
145,082
7,292
1,877
6.32%
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8:13Now PlayingElon Musk and Donald Trump are losing massively, with Musk's SpaceX stock plunging for a third straight day and falling even lower after receiving the lowest ESG rating. John Iadarola and Tory Shulman break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
SpaceX stock tumbles 16.4%, shaving off most IPO gains since debut
"SpaceX (SPCX) stock fell before the bell on Tuesday, set to pick up on a three-day run of losses after a massive run-up following its IPO earlier this month. The company also confirmed its first-ever bond issuance in a filing.
Shares in the Elon Musk-led company pulled back nearly 3% in premarket, on the cusp of dropping below $150 apiece.
They closed down 16.4% on Monday, the biggest down day for the newly debuted stock, following a 3.6% drop on Thursday (US markets were closed on Friday for the Juneteenth national holiday) and a 5% drop on Wednesday. The three-day losing streak caps a big pop in the stock following its IPO and first day of trade on June 12."
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260623__DR03_SpaceX_Stock
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