Finance

[If article https://tradinglessons.beehiiv.com/p/the-easy-money-is-gone disappears, it was archived -- https://archive.ph/LG5pP]

This is what everyone saw on Monday 2026-06-22

→ Wednesday: -5%. → Thursday: -3.6%. → Markets closed Friday for Juneteenth. → Monday: -16.4%.

SpaceX closed at $154.60 — its biggest one-day decline since going public and a sharp reversal from last week's peak near $225.

The Calendar.
Insiders can sell up to 44% of SpaceX by early September. The float could grow 900%.

22V Research strategist Jeff Jacobson laid out the actual lockup schedule — and once you see it, the last three days make a lot more sense.

Today only about 4.2% of SpaceX shares are freely tradeable.

That scarcity helped fuel the IPO rally.

The problem is that scarcity doesn't last forever.

That means up to 44% of shares could become eligible for sale by early September.

For context: Today's float is approximately 4.2%.

The available share supply could increase by roughly 900%.

Karpathy coined “vibe-coding” and now he’s back with a new term. When agents write the code instead of humans prompting for it, he says that’s agentic engineering.

Karpathy was a founding member of OpenAI in 2015, years before competitors like Anthropic and xAI emerged. He later moved into self-driving technology, leading Tesla's Autopilot program as head of AI. He's now building Eureka Labs, which describes itself on its website as building a "new kind of school that is AI native."