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

CoinDesk· Shaurya Malwa· Jun 23, 2026 · 6:23 AM
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%.

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