The Nasdaq 100 index is projected to lose over $1 trillion in market value due to a deepening tech sector sell-off.

Economics Technology InvestingJun 23, 2026score 0.992 posts · 3 replies across 2 instances

The thread discusses a significant decline in the Nasdaq 100 index, with tech stocks, including SpaceX, experiencing substantial losses. This indicates a broader market downturn affecting major technology companies.

Claims

Parent: Financial MarketsEntity: Nasdaq 100Impact: negativeDate: Jun 23, 2026Target: Nasdaq 100 market value decline

SpaceX has lost more than $600 billion in market value over the past three trading sessions.

Parent: TechnologyEntity: SpaceXImpact: negativeDate: Jun 23, 2026Target: SpaceX market value loss

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Nasdaq 100 set to shed over $1-trillion as tech sell-off deepens, SpaceX slides
https://www.theglobeandmail.com/investing/markets/article-nasdaq-100-tech-sell-off-spacex/?utm_source=flipboard&utm_medium=activitypub 

Posted into Business @business-globeandmail

5 boosts · 0 favs · 0 replies · Jun 23, 2026

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

> SpaceX (SPCX.O), which is expected to join the Nasdaq 100 (.NDX), has lost more than $600 billion in ​market value in the past three sessions.

> Futures tracking the tech-heavy Nasdaq 100 index dropped 2.5%, ​implying a more than 700-point fall. The index will lose $1.15 trillion in market value if it drops 2.79%

https://www.reuters.com/business/media-telecom/nasdaq-100-set-shed-over-1-trillion-tech-selloff-deepens-spacex-slides-2026-06-23/?link_source=ta_bluesky_link&taid=6a3a6d0f9d9a53000129ff68

6 boosts · 0 favs · 3 replies · Jun 23, 2026