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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...
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Oct 22, 2026 / Tyler Durden
Futures Slide As Market Runs Out Of AI Patience, Oil Jumps On Saudi Attacks
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'Wrench Attack' Justice: Texas Bros Get 15 Years For Holding Family At Gunpoint For 9 Hours To Force $8M Crypto Transfer
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Raymond Christian Garcia and Isiah Angelo Garcia, both of Waller, Texas, were sentenced Thursday to at least 15 years in prison each for holding a Minnesota family at gunpoint for more than nine hours to force the transfer of more than $8 million in cryptocurrency, the Justice Department said. Raymond received 180 months and Isiah 186.
Isiah Angelo Garcia and Raymond Christian GarciaWaller County Jail, Texas
U.S. District Judge Donovan W....
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Aug 6, 2026 / Kyle Anzalone
Ansar Allah Claims Large Attack on Saudi Arabia
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