SpaceX shares keep dropping for a third consecutive trading session, with multiple outlets reporting that the sell-off removes roughly $600 billion in market value over three days. Business Line, Japan Times, and others say the stock closes at about $154.60 on Monday, a decline of roughly 16% for the day and the lowest level since the company’s first day of trading, taking the three-day loss to around 23%. Al Jazeera reports the shares dip briefly below the debut price before recovering, adding that the move is occurring amid broader tech-market weakness. Bloomberg likewise describes a continued decline as investors react to SpaceX’s announcement that it is selling investment-grade bonds for the first time, framing the bond plan as a factor behind the market reaction. Economic Times says the bond sale is intended to raise at least $20 billion to support growth initiatives described by the company as linked to artificial intelligence efforts, and notes that the stock still trades above its IPO price and that retail interest remains strong. Forbes adds that the shares fall below the debut price for the first time and that the overall market-value hit is close to $1 trillion, though outlet estimates vary.