SPCX - SPACEX SLUMPS NEARLY 50% FROM JUNE PEAK SpaceX fell another 5.5%, leaving the stock 47% below its June 16 high and wiping out more than $1.2 trillion in market value. The decline has been driven by AI valuation concerns, geopolitical uncertainty, and heavy short selling. Investors are also watching a major August 6 lock-up expiry, which will significantly increase the number of tradable shares.(*Walter Bloomberg)