Jul 17, 2026Twila Rosenbaum
SpaceX shares have fallen to $131.11, below their IPO debut price of $135, bringing the company's market capitalization down from $2.6 trillion to $1.72 trillion. The decline follows an announcement of a multibillion-dollar bond issuance, which fueled short sellers' profits of nearly $3.88 billion. Despite the drop, some analysts maintain that SpaceX represents the new frontier of tech stocks.
View more
Jul 12, 2026Twila Rosenbaum
Subversive Capital launches two exchange-traded funds that exclude Elon Musk's companies, including Tesla and SpaceX. The ETFs, with tickers QQNE and SPNE, track the Nasdaq-100 and S&P 500 minus Musk-linked stocks. They reflect growing investor demand for avoiding controversial figures.
View more
Jun 21, 2026Twila Rosenbaum
A comprehensive market roundup: Bitcoin pulls back amid tech selloff, SpaceX soars on Cursor deal, oil tumbles on Iran deal, and crypto ETF flows show rotation into alts. The Fed begins its two-day policy meeting with new Chair Kevin Warsh.
View more
Your experience on this site will be improved by allowing cookies
Cookie Policy
These cookies are essential for the website to function properly.
These cookies help us understand how visitors interact with the website.
These cookies are used to deliver personalized advertisements.
