Name: The Week in Numbers: Stock selloffs, SpaceX deal
Uploaded: 2026-02-06T17:18:49.000Z
Duration: 2 min 8 s
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From a massive tech sell off to a SpaceX megadeal.

11% was the share plunge for Amazon in Thursday's after hours trade.

Investors sold off after the tech firm projected a surge of more than 50% in CapEx this year.

Amazon plans to pump $200 billion into its AI efforts.

It left some market watchers worried about returns and saw the company join a broader tech sell off.

India now faces way down from a previous 50%.

US President Donald Trump said he agreed to the trade deal.

He said India would lower its own trade barriers and buy oil from the US and possibly Venezuela instead of Russia.

Trump added India would also purchase more than $500 billion worth of US energy, tech, agricultural and other products.

$1.25 trillion was the value of a merger between Elon Musk's SpaceX and Xai, making it the world's biggest ever M and A deal.

It brings the rocket and satellite company together with the maker of the Grok chatbot.

A source said the transaction valued SpaceX at $1 trillion and XAI at $250 billion.

It also comes ahead of a planned IPO this year for Musk's space company.

20% was the fall in Novo Nordisk shares after it delivered a gloomy outlook for the year.

The weight loss giant forecast profits and sales could drop as much as 13% after years of double digit gains.

Novo faces challenges including falling drug costs in the US and copycat brands.

This week's projection shocked analysts who'd only forecast a 2% decline for the Ozempic maker.

It was its weakest performance since November 2024, when Donald Trump won the US president.

He'd signaled his intention to support crypto during his campaign.

By Friday, bitcoin had fallen as low as $60,000 before bouncing back.