According to CoinMeta, the stock price of SpaceX ( SPCX ) has plummeted significantly, causing Elon Musk's net worth to drop from $783.3 billion to $696.1 billion, a decrease of 11.01%, resulting in a loss of $87.2 billion. Since its initial public offering on June 12, the company's stock price has fallen by more than 40% following the release of its first financial report. Despite a 92% increase in revenue to $7.8 billion in the second quarter, the company still recorded a net loss of $541 million, and $1.58 billion of the $1.84 billion in capital expenditures was used for artificial intelligence infrastructure, which puts pressure on investors' short-term profit expectations. The current stock price of SPCX is $108.27.