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SpaceX stock prices continued to decline, and Mask fell $900 billion

On 14 July, Mask fell at the $90 billion threshold on Monday, as a result of the continuing low prices of SpaceX. SpaceX stock prices fell by 3.8 per cent on Monday, to close to $140, close to its $135 IPO issuance price; Tesla stock prices fell by 3 per cent over the same period, and the roundback led to the evaporation of Mask ' s prices by $37.9 billion, the latest being $879.3 billion. Despite the shrinking wealth, Mask is still the world's richest, leading the co-founders of Google, Larry Paige ($291 million) and Sergei Bryn ($267.6 billion), holding 4.8 billion SpaceX shares and 350 million options, and about 700 million Tesla shares. Mask's peak was US$ 1.45 trillion, at a time when SpaceX stock was at an all-time high of US$ 225 or more on June 16. The Unit has since accumulated a decline of over 38 per cent. Despite weak stock prices, Wall Street analysts are still generally looking at SpaceX. Raymond James gave a target price of $800, an implied market value of over $10 trillion; according to FactSet, the average analyser's target price was $236, of which Arete Research gave $401, Morgan Stanley 300 and Goldman Sachs 205. According to Brian Gesuale, Raymond James analyst, SpaceX is "building a platform for the next generation of industrial capacity."。

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