Tesla, SpaceX lose $1.2 trillion in market cap in July; Apple offsets the drop

1. 1In July, Tesla (TSLA) and SpaceX (SPCX) saw their market capitalizations plunge sharply, but Apple (AAPL) offset the decline as its stock hit an all-time high.
2. 2SpaceX shed more than $750 billion, Tesla about $440 billion, and Alphabet (GOOG) more than $375 billion in market cap this month.
3. 3Apple gained roughly $700 billion, absorbing the losses of the two companies, and approached a $5 trillion market cap, reclaiming the title of the world's most valuable company from Nvidia (NVDA).

Source Yahoo Finance +5 · View original ↗

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