Launch delay compounded with lifting of restrictions dealt a heavy blow to the stock price of SpaceX (SPCX.US), causing its market value to evaporate trillions of dollars from its peak.

According to the Smart Financial APP, the stock price of SpaceX (SPCX.US) plummeted significantly on Friday, with a cumulative market value evaporating by over $1 trillion from its historical high. Rocket launch setbacks, increasing valuation pressures, and the gradual lifting of future restricted shares are weakening investor enthusiasm for this aerospace and artificial intelligence giant.