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   SpaceX's ill-timed payday
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   Plus: A push for local veto power on data centers.
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              Friday, August 7, 2026
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               SpaceX insiders can finally sell some stock. If only it wasn't below its IPO 
price
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               SpaceX stock touched a new low on Thursday as up to 911.5 million shares held by insiders became eligible for sale for the first time since the company went public in June. The stock dipped to 
$105.11 in early trading before bouncing back to $114.92 at Thursday's close. SpaceX shares have shed nearly half their value from their June 16 peak of $225.64 and are about 15% below their $135 IPO price.
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               The newly eligible shares, valued at roughly $100 billion at current prices, bring the total tradable share count to 1.55 billion, up from the 639 million that changed hands when SpaceX completed its IPO, according to 
Bloomberg.
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               Among those looking to sell is Jessie Bates III, a safety for the Atlanta Falcons who paid about $150,000 for SpaceX shares in 2022 at a valuation of $127 billion. According to CNBC, Bates communicated through a publicist that he intends to liquidate his full position in order to "lock in gains." SpaceX's current valuation of $1.49 trillion could make Bates' stake worth over $1.7 million.
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               Another 319 million shares will unlock Aug. 12, with additional tranches coming in September and October. By the end of the year, more than 4 billion shares will be available to trade.
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                      Sponsored
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                       Small steps can grow over time
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                       Acorns makes investing feel more manageable by turning everyday habits into long-term momentum. Set up Round-Ups®, make daily, weekly, or monthly contributions, and see how your money could grow with long-term investing and compounding. 
Plus, Acorns offers tools for retirement, kids’ investment accounts, and checking, all designed to help you save and invest every day.
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                                      See how Acorns works
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                                     <!--[if mso]><a href="https://www.ne16.com/t/11055981/222404108/10312875/2/1009235/?f5d63f87=REIlMjAwOC0wNw&x=cf2c0419" target="_blank" style="-webkit-border-radius: 25px; -moz-border-radius: 25px; border-radius: 25px; color: #00D5FF; text-decoration: none; font-family: Arial; font-size: 18px; font-weight: bold; border: none; display: block; ">See how Acorns 
works</a><![endif]-->
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               Today's Poll
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               Would you sell SpaceX stock now if you could?
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                       <!--[if !mso]><!-->
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                          <td align="center" bgcolor="#000000" style="text-align:center;vertical-align:middle;-webkit-border-radius:25px;-moz-border-radius:25px;border-radius:25px;font-size:16px;font-family:Arial,Helvetica,sans-serif;color:#121721" valign="middle">
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                              <td align="center" bgcolor="#000000" style="text-align:center;-webkit-border-radius:25px;-moz-border-radius:25px;border-radius:25px;font-size:16px;font-family:Arial,Helvetica,sans-serif;color:#121721">
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block; ">
                                Yes. Lock in whatever value is left
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                               <!--<![endif]-->
                               <!--[if mso]><a href="https://www.ne16.com/t/11055981/222404108/10313998/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwOC0wNw&x=e044f564" target="_blank" style="-webkit-border-radius: 25px; -moz-border-radius: 25px; border-radius: 25px; color: #00D5FF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: 
block; ">Yes. Lock in whatever value is left</a><![endif]-->
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                          <td align="center" bgcolor="#000000" style="text-align:center;vertical-align:middle;-webkit-border-radius:25px;-moz-border-radius:25px;border-radius:25px;font-size:16px;font-family:Arial,Helvetica,sans-serif;color:#121721" valign="middle">
                           <table align="center" bgcolor="#000000" cellpadding="0" cellspacing="0" style="-webkit-border-radius:25px;-moz-border-radius:25px;border-radius:25px;margin-left:auto;margin-right:auto" width="100%">
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                              <td align="center" bgcolor="#000000" style="text-align:center;-webkit-border-radius:25px;-moz-border-radius:25px;border-radius:25px;font-size:16px;font-family:Arial,Helvetica,sans-serif;color:#121721">
                               <!--[if !mso]><!-->
                               <span style="-webkit-border-radius: 25px; -moz-border-radius: 25px; border-radius: 25px; color: #00D5FF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: 
block; ">
                                No. I'd wait for the stock to recover
                               </span>
                               <!--<![endif]-->
                               <!--[if mso]><a href="https://www.ne16.com/t/11055981/222404108/10313999/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwOC0wNw&x=9ac8bcd6" target="_blank" style="-webkit-border-radius: 25px; -moz-border-radius: 25px; border-radius: 25px; color: #00D5FF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: 
block; ">No. I'd wait for the stock to recover</a><![endif]-->
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                          <td align="center" bgcolor="#000000" style="text-align:center;vertical-align:middle;-webkit-border-radius:25px;-moz-border-radius:25px;border-radius:25px;font-size:16px;font-family:Arial,Helvetica,sans-serif;color:#121721" valign="middle">
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                              <td align="center" bgcolor="#000000" style="text-align:center;-webkit-border-radius:25px;-moz-border-radius:25px;border-radius:25px;font-size:16px;font-family:Arial,Helvetica,sans-serif;color:#121721">
                               <!--[if !mso]><!-->
                               <span style="-webkit-border-radius: 25px; -moz-border-radius: 25px; border-radius: 25px; color: #00D5FF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: 
block; ">
                                I'd sell some now and hold the rest
                               </span>
                               <!--<![endif]-->
                               <!--[if mso]><a href="https://www.ne16.com/t/11055981/222404108/10314000/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwOC0wNw&x=ebff2c2a" target="_blank" style="-webkit-border-radius: 25px; -moz-border-radius: 25px; border-radius: 25px; color: #00D5FF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: 
block; ">I'd sell some now and hold the rest</a><![endif]-->
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              <span style="font-family:Arial">
               Here's what you need to know
              </span>
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                  <strong style="color:#016FF0">
                   <a data-linktext="OpenAI wants a judge to dismiss Apple's trade secrets lawsuit." data-linktype="Normal" style="color:#17253D" target="_blank">
                    OpenAI wants a judge to dismiss Apple's trade secrets lawsuit.
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                  </strong>
                  OpenAI argued that Apple failed to describe the information it claims as confidential and that the lawsuit was "baseless." OpenAI said Apple confused employees by allowing them to use personal iCloud accounts to handle data.
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                  Meta said Muse Spark accessed the 
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              <br/>
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               The resolution expresses that communities should have the 
right to ban data centers in residential areas and within 2,500 feet of homes, schools, childcare facilities, hospitals, or nursing homes. Other provisions would require data centers to use clean energy and meet noise and air pollution limits, prohibit increases in electricity rates for households and small businesses, and mandate independent public impact reports before any project is approved.
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