SpaceX shares have declined significantly in price after recently going public. The corporation's market capitalization has fallen by more than a trillion dollars from its historical peak. The immediate catalyst for this drop was the cancellation of the planned launch of the Starship rocket. Engineers discovered an engine malfunction and were forced to replace two Raptor modules. The next attempt to launch the spacecraft into orbit has been postponed for at least a week. Portfolio managers note that the timing of this event turned out to be extremely unfortunate for investment attractiveness. Investors began to reduce the risks of their positions and overestimate the fair value of the company. The general optimism around the space sector is gradually fading amid technical delays.

The launch failure is critical not only for the space program. The Starship rocket is a key element of the corporation's long-term development strategy. It is necessary for the deployment of orbital data centers and scaling of the Starlink network. The development of the Direct-to-Cell service and support for NASA missions also depend on it. Any significant delays directly affect the speed of satellite deployment. Despite the loss of a trillion dollars of capitalization, most analysts remain positive. More than eighty percent of experts recommend buying stocks with a target price higher than the current one. Some analysts have even set maximum growth forecasts of up to eight hundred dollars per paper.

Despite the drop in quotations, the company continues to actively expand its business in the field of artificial intelligence. Against the background of lower prices, the ARK Invest investment fund bought additional shares for its ETFs. The company's founder's fortune has also been severely affected by market fluctuations. Elon Musk has lost about five hundred billion dollars on paper since the historic high. Nevertheless, he is still the richest man in the world.