General · 25 June 2026

SpaceX debut leaves Tesla under pressure

(U.S. Air Force photo by Trevor cokley) via Wikimedia Commons (CC BY-SA 4.0)

Ordinary investors saw attention shift across Musk-linked firms as trading in the space company drew heavy interest and wider space shares fell after a long rise. On 12 June, SpaceX started trading and gained 28 per cent, reaching a valuation above $2tn as institutions and retail buyers took part. Meanwhile, US space stocks dropped as traders took profits after months of gains tied to IPO expectations.

By BriefTea Editorial · 25 June 2026 at 18:03

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