The share price for SpaceX (Space Exploration Technologies Corp.) on the IPO day’s closing was $160.95. On June 16, a few days after the IPO, the price was $201.80. On Friday, July 24, just over a month later, shares closed at $115.07. That’s a drop of 28.5% from the initial price. It also meant a loss of $1 trillion from the peak market capitalization of about $3 trillion, leaving $2 trillion.That’s how Bloomberg got to the mid-July headline, “SpaceX Slump Wipes Out $1 Trillion in Market Value From Peak.” It’s the type of whiplash that shows how crazy Wall Street...