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SpaceX’s $600 billion plunge erased equivalent of nearly half of bitcoin’s market cap in 3 days

Crypto CoinDesk By Shaurya Malwa 23 Jun 2026 06:23 1 min read
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%.

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%.

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