PANews, June 23 – According to Daily Economic News, on June 23, SpaceX fell 16.43%, dropping below its IPO first-day closing price, with its market value evaporating by nearly $400 billion in a single day, setting the second-largest single-day market value loss record for any global company in history. This marks the third consecutive trading day of declines for SpaceX since its listing, with a cumulative drop of over 23% and a market value loss exceeding $600 billion. However, as of the close on the 23rd, the stock was still 14.5% above its $135 IPO issue price, with a market value of $2.03 trillion.