Why SpaceX Stock Is Falling Today: A Reality Check on the Valuation Math
SpaceX stock is down sharply on June 22, 2026. The issue is not whether SpaceX is an extraordinary company, but whether the stock price already assumes too much future growth.
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SpaceX stock is down sharply on June 22, 2026. The issue is not whether SpaceX is an extraordinary company, but whether the stock price already assumes too much future growth.
A U.S.-Iran agreement may reopen the Strait of Hormuz, but oil and gas flows face mine clearance, insurance, tanker, field-restart, Basrah, and LNG bottlenecks before supply can normalize.
SpaceX's IPO was not just large. Its valuation, allocation, price discovery, key-person risk, index inclusion, and first-day pop made it a market event.
Gold is supposed to benefit from fear, but today stocks and gold fell together as a strong jobs report pushed investors toward higher-rate expectations, cash-like safety, and the dollar.
More reasons it will happen than won't
It is approaching
If a couple is only allowed to place $10,000/year into an IRA, how is it that Mitt and Ann Romney's
A recommendation to watch Inside Job for a clearer explanation of the financial crisis.
Defining it a little more
It will prevent a lot of heartache
Michael Lewis discusses markets, public opinion, and why political behavior matters to investors.
A note on Bernie Sanders, Occupy Wall Street, and the choices made during the banking crisis.
What's next?
A documentary note about easy credit, weak oversight, and the housing collapse.
Volatile times
A dangerous time.
Contagion risk a big unknown
We have lost our way
Two great economists
studying up before the week starts