# JonesTrading

Type: Company

Source: Startup Intelligence Brief — https://getstartupbrief.com/entity/jonestrading
Canonical HTML page: https://getstartupbrief.com/entity/jonestrading

## Timeline

- **2026-06-22**: Third Day Selloff and $600B Wiped Out — SpaceX stock plunges 16% to $154.60, completing a 23% three-day rout that erases over $600 billion in market cap. The company also announces a multibillion-dollar cloud computing agreement with AI startup Reflection AI.
- **2026-06-19**: Second Day of Losses — The stock falls for a second consecutive session, accelerating worries about retail exhaustion and valuation excess.
- **2026-06-18**: First Day of Stock Decline — SpaceX shares begin a three-day slide as initial IPO euphoria starts to fade and concerns over debt financing emerge.
- **2026-06-16**: Bond Offering Announced — Bloomberg reports that SpaceX is planning its first investment-grade bond sale, aiming to raise at least $20 billion to fund its AI ambitions.
- **2026-06**: Record $75 Billion IPO — SpaceX goes public in the largest IPO in history, raising $75 billion and floating just 4.2% of total shares at $135 each. Trading begins amid intense retail demand.
- **2026-02**: SpaceX Acquires xAI — In a pivotal move into artificial intelligence, SpaceX completes the acquisition of Elon Musk's AI venture xAI, setting the stage for a broader AI push.

## Recent coverage (1 stories)

### SpaceX Loses $600B in 3 Days: What It Means for AI Startup Exits
2026-06-28 17:27:45 · Sentiment: Very Bearish · Impact: 9/10 · Sources: 2

SpaceX's post-IPO collapse erased $600B in market value in just three days, highlighting the volatility that can greet mega-unicorns tapping public markets. With Anthropic and OpenAI eyeing $1T IPOs, the retreat of retail buyers and a pivot to debt financing offer a cautionary tale for venture-backed AI companies planning exits.
Full story: https://getstartupbrief.com/story/spacex-600b-loss-startup-ipo-warning

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