SpaceX’s $600 billion plunge erased equivalent of nearly half of bitcoin’s market cap in 3 days
The newly public company shed close to half of bitcoin's entire market value in three sessions after announcing its first bond sale. Bitcoin, absorbing the same backdrop, fell less than 1%.
By Shaurya Malwa|Edited by Omkar Godbole
Updated Jun 23, 2026, 7:21 a.m. Published Jun 23, 2026, 6:23 a.m.
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