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SpaceX stock drops to a new low and loses $1 trillion in value in a month
(www.businessinsider.com)
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this post was submitted on 18 Jul 2026
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The irony is that Musk himself has already cashed out enormous wealth over the years: Whether the stock jumps or drops today barely changes his position. The people really feeling the pain are the retail investors who treated him like an infallible genius instead of managing their own risk.