Your gateway to a free society
Article
SpaceX Meltdown Vaporizes $1 Trillion In Market Cap As Stock, Bonds Crater
SpaceX Meltdown Vaporizes $1 Trillion In Market Cap As Stock, Bonds Crater
SpaceX's Tuesday rebound was short-lived, with shares sliding to a new low of $110.85 late Thursday morning and extending their brutal post-IPO selloff.
At a current market capitalization of roughly $1.479 trillion, SpaceX has erased about $1.16 trillion, or 44%, since its valuation peaked at $2.639 trillion on June 23.
Shares are also trading well below the company's $135 IPO price, underscoring how quickly investor enthusiasm has evaporated.
The chart shows a selloff across SpaceX's capital structure:
Black line, right axis: SpaceX...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Jul 13, 2026 / Dave DeCamp
Israeli Strike on Motorcycle in Gaza Kills One Palestinian as IDF Continues Daily Ceasefire Violations
An Israeli strike in Gaza City on Monday targeted a motorcycle, killing at least one Palestinian, as the IDF continues its constant violations of the US-backed ceasefire deal. According to the Palestinian news agency WAFA, the motorcycle was struck in Gaza City’s southwestern Tel al-Hawa neighborhood, and other people were injured by the Israeli attack. […]
Read more
Jul 15, 2026 / Tyler Durden
Beige Book: Economic Activity Picked Up In 11 Of 12 Districts; Only San Fran Flat As "Employers Invested In AI"
Beige Book: Economic Activity Picked Up In 11 Of 12 Districts; Only San Fran Flat As "Employers Invested In AI"
In a modest support of the Fed's recent hawkish pivot, the latest Beige Book released today notes that economic activity across the US improved moderately, increasing at a slight to moderate pace in eleven of twelve Federal Reserve Districts in late May and June, while one District (San Francisco) reported no change. The pace of growth was ever so slightly better than that reported back in June when activity expanded...
Read more
Apr 1, 2026 / Tyler Durden
First Valero Refinery, Now Largest U.S. Gasoline Pipeline Damaged In Georgia
First Valero Refinery, Now Largest U.S. Gasoline Pipeline Damaged In Georgia
Colonial Pipeline's Line 1, the largest U.S. gasoline pipeline running from Houston toward the East Coast, has halted operations after a third-party work crew damaged a section of the line in Georgia.
Bloomberg reported that the line stopped shipping fuel after the damage occurred on Tuesday in Paulding County, Georgia.
"Line 1 is out of service while our team coordinates response and repair efforts," Colonial said in a statement cited by the outlet.
The outage hits a critical fuel artery that...
Read more
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Support the liberty movement
Want to get in touch?