Startupfortune: Big Tech has shed $2.7T in market value this month.
Rohan Paul Twitter · Rohan Paul (@rohanpaul_ai) · 2026-06-24
Big Tech companies have collectively lost $2.7 trillion in market value in June 2026 as investors grow concerned about projected $725 billion in AI capital expenditures, a 77% year-over-year increase.
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Extraction
Topics: ai-capexbig-tech-valuationsmarket-correctionai-investment
Claims
- Big Tech has shed $2.7 trillion in market capitalization within the current month.
- Major AI labs are projected to spend approximately $725 billion on capital expenditures in 2026, up 77% from $410 billion in 2025.
- Goldman Sachs has published expectations about AI spending trajectories that contributed to investor concern.
Key quotes
Big Tech has shed $2.7T in market value this month.
The big labs are projected to spend around $725B on capital expenditure in 2026, a 77% jump from $410B last year.