Elon Musk’s SpaceX loses $400 billion in market value in weeks: What’s driving SPCX stock down?

SpaceX market value crash: SpaceX has lost more than $400 billion in market value since October 6, with shares falling below $2 trillion in valuation. The sell-off follows the expiration of a major share lockup and comes amid concerns over Intels weak forecast, Starlink scrutiny and potential regulatory hurdles for a reported SpaceX-Tesla merger.