SpaceX Stock Plummets 16.4% to $154.60, Erasing $400B on June 22; Pre-IPO Token Trades 13% Premium

According to Bloomberg and CoinGecko, SpaceX's Nasdaq-listed stock SPCX fell 16.4% to $154.60 on June 22, 2026, erasing roughly $400 billion in market capitalization in a single session and approximately $600 billion over three trading days. Simultaneously, the Republic pre-IPO token PRESPCX traded at $174.77, representing a roughly 13% premium to the publicly listed share price, reflecting illiquid crypto-market pricing that has not yet adjusted to the newly public, far more liquid equity.
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