Strategy Shares Hit 23-Month Low as Bitcoin Losses Top $11 Billion
Strategy shares fell to a 23-month low as the company’s unrealized Bitcoin losses climbed to approximately $11.2 billion.
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Strategy shares fell to a 23-month low as the company’s unrealized Bitcoin losses climbed to approximately $11.2 billion.
Elon Musk reportedly lost more than $350 billion in a single day as SpaceX shares fell below their opening-day trading price.
South Korea’s KOSPI index plunged nearly 10%, erasing more than ₩800 trillion in market value and triggering trading halts.
SpaceX shares dropped another 10%, extending their decline to a third consecutive session after a historic post-IPO rally.
SpaceX shares have fallen 23% from their recent peak but continue to trade above their IPO price.
SpaceX shares fell about 12% as investors took profits following the stock’s powerful post-IPO surge.
SpaceX reached a $2.8 trillion valuation, surpassing Amazon and becoming one of the world’s most valuable companies.
SpaceX added $412 billion in market value in a single day, lifting its capitalization to $2.5 trillion.
South Korea halted trading after the KOSPI fell 8.4%, triggering an automatic circuit breaker.
Investors are debating whether SpaceX’s reported $2 trillion valuation leaves meaningful upside ahead of its IPO.
SpaceX reportedly priced its IPO at $135 per share, valuing the company at approximately $1.75 trillion.
SpaceX filed for an IPO under ticker SPCX in one of the most closely watched public listings in years.
The S&P 500 closes at a record 7,200, marking its strongest monthly performance since 2020.
The S&P 500 hits a record high after adding $7.3 trillion in one of the fastest recoveries since 1982.
The S&P 500 closes above 7,000 for the first time as U.S. stocks reach new record highs.