Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides

The Nasdaq 100 index was on ​pace to erase more than $1 trillion in market value on Tuesday as technology ‌heavyweights and chip stocks tumbled, while Elon Musk's SpaceX dropped below $2 trillion in market cap for the first time since its U.S. debut.

Jun 23, 2026 - 19:00
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Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
The Nasdaq 100 index was on ​pace to erase more than $1 trillion in market value on Tuesday as technology ‌heavyweights and chip stocks tumbled, while Elon Musk's SpaceX dropped below $2 trillion in market cap for the first time since its U.S. debut.

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